Wider Consulting Announces $14.3M Investment Plan to Support Startups in Saudi Arabia and Egypt
Wider Consulting, a joint Egyptian-Saudi advisory firm, announced an investment plan valued at $14.3 million (EGP 750 million) to be deployed over the next four years across Saudi Arabia and Egypt. The strategy will focus on HealthTech, software, education, entrepreneurship enablement, PropTech, and construction technology solutions.
As part of its expansion strategy, the company plans to launch a startup accelerator aimed at establishing 50 startups in both markets by the end of 2026. The initiative will identify innovative ideas and connect founders with international investors to benefit from regional investment incentives.
Founded in mid-2025 by Omar Hamdy, Wider Consulting provides corporate advisory services and governance frameworks for institutions. The firm currently operates across six markets: Egypt, Saudi Arabia, the UAE, Jordan, Germany, and Australia.
The company’s strategy is built on developing partnerships with regional and international universities as well as venture capital funds, enabling the connection between research ecosystems, entrepreneurs, and global investors.
Through this approach, Wider Consulting aims to transform innovative academic ideas into scalable economic ventures across multiple sectors while leveraging growing innovation ecosystems across the region.
Looking ahead, the firm also plans to list between 15% and 40% of selected portfolio companies on stock exchanges, depending on their maturity and readiness, while retaining controlling stakes to maintain long-term strategic direction.
The company believes that accelerating digital transformation and institutional reform in Saudi Arabia and Egypt is creating new opportunities for regional startups and innovation-driven ventures.
