Joint Egyptian-Saudi advisory firm Wider Consulting has unveiled a substantial investment plan of $14.3 million, for Egypt and Saudi Arabia. This strategic capital will be deployed over the next four years across high-growth sectors including technology, education, and healthcare. The initiative is designed to catalyze regional innovation by connecting promising local startups with a network of international investors and expertise.
A Strategic Vision for Regional Growth
Established in mid-2025 by founder Omar Hamdy, Wider Consulting provides essential advisory services and governance frameworks for institutions. The firm operates across six markets, including Egypt, Saudi Arabia, the UAE, Jordan, Germany, and Australia. This expansive international presence provides unique access to major economic hubs and advanced academic ecosystems, with a strong focus on the Arab world.
Launching a New Startup Accelerator
A cornerstone of this investment strategy is the launch of a dynamic startup accelerator aimed at cultivating entrepreneurship within the region. The program has set an ambitious goal to establish and support 50 new companies in both Egypt and Saudi Arabia by the end of 2026. It will actively identify groundbreaking ideas and connect founders with global investors to fully leverage available local investment incentives.
Building a Collaborative Innovation Ecosystem
To create a sustainable support structure, Wider Consulting is actively forging strategic partnerships with key academic and financial institutions. The firm has established collaborations with prominent universities, including Al-Hussein Technical University in Jordan and the University of Sydney. It also maintains close relationships with venture capital legal entities in Saudi Arabia to facilitate a seamless transition from research to commercial viability.
Targeted Sectors and Strategic Market Focus
The investment capital will be strategically channeled into several high-growth sectors, such as healthcare, software, education, and entrepreneurship enablement. Furthermore, the firm is targeting innovative PropTech and construction technology solutions to meet evolving infrastructure and real estate demands. Egypt is considered a key strategic market due to its robust academic ecosystem and the increasing demand for localized Arabic-language technology solutions.
A Long-Term Financial and Governance Strategy
Wider Consulting has outlined a clear and sustainable path for the financial growth of its future portfolio companies. The long-term strategy includes pursuing partial public listings for mature ventures, offering between 15% and 40% of their shares on the stock market. This approach allows for capital infusion while the firm retains controlling stakes to ensure continued strategic alignment and effective governance.
Wider Consulting's $14.3 million million commitment marks a significant effort to accelerate technological progress and economic diversification across the Middle East. By bridging the gap between international capital and local innovation, the firm is poised to become a key player in the region's dynamic startup landscape. Ultimately, this initiative aims to transform valuable academic research into scalable, impactful, and commercially successful enterprises in its core markets.