Entrepreneurship in the Kingdom of Saudi Arabia

Home » News » More jobs for Saudis as Nitaqat applied to SMEs

More jobs for Saudis as Nitaqat applied to SMEs

20130427-174647.jpg

Young Saudis are flocking to the Tawteen - Alkhobar Jobs Exhibition.jpg

Young Saudis are flocking to the Tawteen (Saudization) Career Exhibition 2013 currently under way in Alkhobar. (AN)

JEDDAH: ARAB NEWS

Wednesday 13 March 2013

Last Update 22 March 2013 3:25 pm

Small and medium enterprises having nine employees or less should appoint at least one Saudi worker from today to avoid slipping into the Red zone of the Nitaqat system.
“Owners of such SMEs should employ at least one Saudi and register him/her name with the GOSI,” the Labor Ministry said yesterday.
The ministry warned against any foul play in employment of Saudis, saying the newly appointed Saudi in an SME should not be an employee of any other enterprise. “The owner of the firm or one of its partners can be considered a worker provided he/she is not working in any other firm,” the ministry said. The ministry warned that those firms that fail to follow the rule would be placed in the Red category and denied the ministry’s services.
Workers in such Red zone firms will be allowed to move freely to firms in Platinum or Green categories after the expiry of their work permits, the ministry said.
The ministry had earlier excluded SMEs from the Nitaqat system, considering the efforts of young Saudi businessmen in setting up such firms.
“We have now included such SMEs in the Nitaqat system to complete the phase of quantitative Saudization of jobs,” Labor Minister Adel Fakeih said in a previous statement.

http://www.arabnews.com/news/444711

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: