Wider Consulting to Invest $14.3M in Tech Across Egypt & KSA
The Egyptian-Saudi advisory firm plans to invest $14.3 million across startups and technology sectors over four years.
Wider Consulting, a joint Egyptian-Saudi advisory firm founded in mid-2025 by Omar Hamdy, plans to invest $14.3 million across Egypt and Saudi Arabia over the next four years as part of a strategy focused on startup development and technology-driven sectors.
The firm intends to direct investments toward healthcare, software, education, entrepreneurship enablement, and PropTech and construction technology. As part of the plan, Wider Consulting will launch a startup accelerator programme aiming to establish 50 startups in Egypt and Saudi Arabia by the end of 2026.
The accelerator will focus on identifying early-stage ideas and connecting founders with international investors, while also helping entrepreneurs benefit from investment incentives available in both countries.
Wider Consulting currently operates across several markets, including Egypt, Saudi Arabia, United Arab Emirates, Jordan, Germany and Australia. The firm maintains academic collaborations with institutions such as Al-Hussein Technical University and University of Sydney.
According to the company, it is currently incubating three startups from Egypt, Jordan and Saudi Arabia, with a broader objective of translating academic research and innovation into commercially viable ventures.
The firm identifies Egypt as a strategic opportunity due to its academic ecosystem and the growing demand for Arabic-language technology solutions, while it is also exploring partnerships with venture capital legal entities in Saudi Arabia.
Wider Consulting stated that it may list between 15% and 40% of some portfolio companies depending on their maturity and market conditions, while retaining controlling stakes in selected ventures.
