Alfalak receives distinguished ‘Platinum’ rating under ‘Nitaqat’ Saudization system

Press release
Published October 5th, 2011 - 09:10 GMT

Ahmed Ashadawi, CEO and President, Alfalak Electronic Equipment & Supplies Co.
Ahmed Ashadawi, CEO and President, Alfalak Electronic Equipment & Supplies Co.

Alfalak Electronic Equipment & Supplies Co., a leading provider of technology-based end-to-end solutions in the Middle East, has received the distinguished ‘Platinum’ rating for Saudization under the Kingdom of Saudi Arabia’s ‘Nitaqat’ system. Only a few Saudi companies have attained this highest ranking within the Kingdom’s comprehensive Nationalization program.

Implemented last September 2011, the Nitaqat system prioritizes the hiring of Saudi nationals and the reduction unemployment in the country. It imposes a quota on Nationals working for Saudi-based companies. Compliance is categorized as Red (non-compliant), Yellow (insufficient), Green (fully compliant), and Platinum (exceptional Saudization). With Saudi Nationals comprising almost 600 of its 983 employees, Alfalak has joined an elite group of companies that have been able to exceed Nitaqat requirements and qualify for the 4th and highest ranking under the system. .

“Saudization has always been a priority for Alfalak. We recognize the valuable contributions Nationals can make not only for our company but for the country’s development as well. We thank Nitaqat for this honor and will view it as a strong motivation for further developing the personal and professional potentials of our Saudi workforce,” said Ahmed Ashadawi, CEO and President, Alfalak Electronic Equipment & Supplies Co.

Alfalak Electronic Equipment & Supplies Co. is a leading provider of information and communications technology (ICT) solutions with 30 years of experience in the Middle East markets. It develops end-to-end solutions for a wide range of ICT areas including Systems Consulting and Deployment, System Integration, Data Networking, Computer Supplies and Accessories, e-Business Solutions and Workforce Resources. Alfalak is consistently ranked among Saudi Arabia’s top 100 corporations. Its prominent technology partners include Microsoft, Symantec, Oracle, HP, Blue Coat and SAS.

Background Information

Al-Falak Electronic Equipment & Supplies

ALFalak Electronic Equipment and Supplies was founded in 1981, it is a Closed-Stock Saudi Arabian company and is part of the ALFalak ALKhaleej group.

In addition to Advanced IT and Communication Services, ALFalak is a diverse IT company providing end-to-end solutions, stocking and distribution, as well as e-Commerce.

ALFalak also offers Serviced Manpower Outsourcing, as well as General Contracting.

ALFalak has played a major role in the IT evolution by serving a diverse clientele throughout the region. Enabling our clients to streamline operations and/or increase profitability on a continuous basis. ALFalak’s list of clients includes government ministries and agencies, universities, banks, and prestigious private sector corporations in Saudi Arabia, the UAE, and Bahrain.

 

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