Nitaqat is Law for Saudization.The basic aim of this law is to give employment to Saudi nationals instead of any foreign expatriates. This law classified the Companies into four categories 1 Platinum, 2 Green, 3 Yellow and 4 Red.
Meaning of colors
Platinum or Green
These two color indicate that company has high saudization rate.
Following the benefits of Platinum colors.
Yellow and Red
These two color indicate the low saudization rate
Unable to take the employees of companies
Unable to stop employees go for green or platinum companies