RATIO was founded by Abdul Latif bin Ibrahim Al-Mulhim and Ahmed bin Abdullah Ahmed Al-Thani in 2014 and is headquartered in Al-Hofuf, Saudi Arabia. The company engages in fast food activities, repair and maintenance of food processing equipment, and operates cafes, coffee shops, ice cream parlors, and cafeterias in factories, offices, hospitals, and schools.
The company operates under the Ratio and Mornin brands. RATIO listed and began trading shares on the Saudi Exchange Nomu – Parallel Market on March 9, 2025, with the symbol 9630. The company announced the opening of 12 new branches of the Ratio brand in different cities and regions of Saudi Arabia during the first half of 2025. Additionally, RATIO announced the opening of twenty-three new branches of the Ratio brand across various cities and regions of the Kingdom of Saudi Arabia during the second half of 2025.
Co-Founder and Vice President of Communications and Media Mohammed Al-Mulhim has highlighted that adopting the franchise model has accelerated the company's expansion across multiple regions in Saudi Arabia.
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