Ratio Speciality Trading Company (Ratio) announces the renewal of its agreement with Integrated Fuel Company Limited (Fuel Way) following tangible success and positive impacts.
| Element List | Explanation |
|---|---|
| Introduction | Responsible Ratio Speciality Company Trading (Ratio) and Integrated Fuel Company (Fuel Way) renewed their strategic partnership after the positive impact and tangible success achieved by their partnership in providing a distinctive and integrated experience for various members of society and visitors to fuel stations in the Kingdom, as six (6) branches of the (Ratio) brand were opened within (Fuel Way) stations. This step comes in support of the objectives of the Quality of Life Program - one of the programs of the Kingdom of Saudi Arabia’s Vision 2030, and in support of (Ratio)’s expansion plans aimed at strengthening the presence of the (Ratio) brand in strategic locations, and achieving operational efficiency and economic returns. |
| Memorandum Signing Date | 2025-11-04 Corresponding to 1447-05-13 |
| Counterparty | Integrated Fuel Company Limited (Fuel Way) |
| Memorandum Subject | Signing a memorandum of understanding with Integrated Fuel Company Limited (Fuel Way) to renew cooperation on topics of mutual interest to both parties. |
| Memorandum Duration | 5 years |
| Related Parties | None |
| Financial Impact | None |
| Additional Information | Based on the vision of Al-Nisbah Specialized Trading Company, owner of the leading hospitality brand (Ratio) in the Kingdom, and its pursuit of providing a distinctive and integrated experience for all members of the community and visitors, Al-Nisbah Specialized Trading Company (Ratio) announces the renewal of its strategic partnership with Integrated Fuel Company Limited (Fuel Way) on Tuesday, May 13, 1447 AH (November 4, 2025). This partnership aims to further develop the hospitality and service experience at fuel stations across the Kingdom and enhance the efficiency of services provided in public facilities. This follows the positive impact and tangible success of their previous partnership in delivering a distinctive and integrated experience for various members of the community and visitors to fuel stations in the Kingdom, where six (6) Ratio branches have been opened within Fuel Way stations. The new memorandum aims to expand the scope of cooperation between the two companies and enhance the Ratio brand's presence in strategic locations within the Kingdom's cities. Fuel Way currently operates approximately 40 fuel stations, with plans to expand to open more than 50 additional stations in the near future.
This memorandum is a distinguished model of cooperation between ambitious Saudi brands in the services and retail sector, and confirms the commitment of both parties to continue developing and providing innovative experiences that keep pace with the Kingdom’s aspirations to achieve a higher quality and more distinguished future, and to consolidate their position as strategic partners in the field of hospitality and distinguished services. |
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