Wider Consulting, an Egyptian-Saudi advisory firm, has announced a strategic investment of $14.3 million (EGP 750M) over the next four years. This capital is earmarked for high-growth sectors including healthcare, software, education, PropTech, and construction technology. Central to this initiative is the launch of a startup accelerator aimed at establishing 50 new startups by the end of 2026, bridging the gap between innovative academic research and international venture capital.
Founded in 2025 by Omar Hamdy, the firm leverages a global footprint across Egypt, Saudi Arabia, the UAE, Jordan, Germany, and Australia. Wider Consulting’s model focuses on transforming regional innovation into sustainable economic outcomes by partnering with academic institutions like Al-Hussein Technical University and the University of Sydney. Currently incubating three startups from Egypt, Jordan, and Saudi Arabia, the firm is positioning itself to capitalize on the rising demand for localized Arabic-language technology solutions.
Looking toward long-term liquidity and growth, Wider plans to list 15% to 40% of selected portfolio companies on public stock markets as they reach maturity. While pursuing these public listings, the firm intends to maintain controlling stakes in key ventures to ensure strategic alignment. By fostering a collaborative ecosystem between universities, VC funds, and government incentives, Wider aims to strengthen the entrepreneurial bridge between Cairo and Riyadh.
