IMPLEMENTATION LEVEL
NationalAFFECTED FLOW
InflowANNOUNCED AS TEMPORARY
NoNON-TRADE-RELATED RATIONALE
NoELIGIBLE FIRMS
allJUMBO
NoTARIFF PEAK
NoOn 10 September 2011, the second phase of the Nitaqat Program for a "Saudization" of the labor force came into force.
The regulation establishes minimum shares reserved for Saudi citizens in a company's labor force. The requirements range from 6 percent in construction, over 19 percent in media, to 49 percent in banking.
In order to raise the share of Saudi citizens in the labor force rapidly, firms have been put into four categories subject to different demands.
These are:
Pharmacists, goldsmiths and jewelers have been excluded from the described regulation.
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