![\"Red](\"https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2019\/03\/Red-Yellow-Nitaqat-category-Companies-to-get-benefit-from-Govt-Scheme-SaudiExpatriate.com_.jpg\")
<\/p>\nSaudi Arabian companies which are in Red & Yellow Categories under Nitaqat Saudization program can get benefited from government reimbursement initiative if they hire more locals within 12 months.<\/p>\n
King Salman has approved a scheme to reimburse few companies who are struggling to pat expat work permit levy & waive fee hikes for some who weren’t able to pay.<\/p>\n
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The government is allocating SR 11.5 billion out of SR200 billion for reimbursements under the decision.<\/p>\n
\u201cThis initiative will support private sector companies, help them overcome the obstacles and achieve their goals and encourage them to expand employment of Saudi citizens<\/em>,\u201d Minister of Labor and Social Development Ahmed Al-Rajhi tweeted on Friday.<\/p>\n Companies are only eligible if they have a higher number or equal number of Saudi employees when compared to no of expats to get reimbursement or Fee waiver.<\/p>\n A document issued by the Labor Ministry said that 6 months after the beginning of the reimbursement initiative companies that have not settled their collective invoice and are in the yellow or red category will be deprived of some services.<\/p>\n","protected":false},"excerpt":{"rendered":"