The Nobel Peace Prize is one of the five Nobel Prizes established by the will of Alfred Nobel, awarded annually to individuals or organizations who have made significant contributions to peace. The prize is administered by the Norwegian Nobel Committee and is awarded in Oslo, Norway. The award is given to those who have done the most or the best work for fraternity between nations, for the abolition or reduction of standing armies, and for the holding and promotion of peace congresses. Notable winners include Nelson Mandela, Martin Luther King Jr., and Malala Yousafzai. The prize is often considered the most prestigious award for those who work in the area of conflict resolution, diplomacy, and peace. In Hebrew, the prize is known as פרס נובל לשלום, in Spanish as Premio Nobel de la Paz, and in French as Prix Nobel de la paix.