Companies With Red Label Until Nov 26 - Nitaqat
Saudi Arabia Implementing the Nitaqat or Saudization. Which help there citizen for job security. Where as each company must employ Saudi national. Companies will label with red, yellow and green, depends on their compliance with Saudization quota..
Published: Jun 28, 2011 23:41 Updated: Jun 29, 2011 00:07
RIYADH: The Ministry of Labor will start implementing the third phase of the new Nitaqat system that aims to improve employment opportunities for Saudis on Nov. 26 (Muharram 1).
This phase involves taking punitive measures against those companies in the “red” category at the end of a six-month grace period extended to them, said Ahmad Al-Humaidan, undersecretary for workers' affairs at the ministry.