NOMW Capital Acquires Majority Stake in Mrsool, Eyes 2025 IPO

Editorial Team

Last updated 29-05-2025

2 min

Mrsool has been acquired by NOMW Capital, aiming for a stock market listing.

This partnership boosts Mrsool's chances of going public around 2025.

Founded in 2015, Mrsool has become integral to daily life in the Middle East.

NOMW Capital holds a diversified portfolio in varied sectors like real estate and food.

Many eagerly anticipate Mrsool's developments following this strategic partnership.

If you've spent any time recently in Saudi Arabia, Egypt or Bahrain, chances are you've ordered something through Mrsool. I'm guilty myself of using their service to grab some takeaway shawarma from a busy Riyadh spot when it was too hot to face the traffic. So it's quite interesting to hear the latest about Mrsool, one of the Middle East's busiest on-demand delivery services.

It turns out NOMW Capital has officially acquired a majority stake in Mrsool. It's the sort of deal that might fly under the radar outside investor circles, yet it's got pretty big implications. With this majority acquisition, NOMW Capital aims to turbocharge Mrsool's journey towards listing on Saudi Arabia's main financial market.

You might remember that last year, Mrsool's CEO Ayman Alsanad publicly shared his vision for taking the company public by around 2025. Now, with NOMW Capital stepping up in quite a significant way, that vision probably looks more achievable than ever.

Founded back in 2015 by Alsanad and his business partner Naif Alsmri, Mrsool quickly grew beyond being a simple delivery app. Today, the company has woven itself into the day-to-day routines of many people across their key regions—a convenient lifeline when you realise you've forgoten dessert for a family gathering.

On the other side, NOMW Capital itself has built a diversified portfolio across several sectors—ranging from health and education to real estate, hospitality and food. They're licensed by Saudi Arabia's Capital Market Authority to engage in a broad range of financial and investment activities.

With thousands of people eagerly watching these developments (Mrsool alone has a keen following of over 38,000 on LinkedIn), I'll wager there'll be plenty of eyes on how this strategic partnership unfolds. Watch this space—or check Arageek regularly—for any juicy updates on when Mrsool might officially hit the stock market.

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