Wider Consulting Invests $14.3M in Mideast Tech Startups

Entrepreneurs across Egypt and Saudi Arabia just got a major boost. Wider Consulting, a joint Egyptian-Saudi advisory firm, announced plans to invest $14.3 million in regional startups over the next four years.

Founded in mid-2025 by Omar Hamdy, the firm is zeroing in on sectors that solve real problems: healthcare, education software, construction technology, and entrepreneurship support. The goal is ambitious but clear: launch 50 new startups across both countries by the end of 2026.

The investment comes with hands-on support through a new startup accelerator program. Wider Consulting will help early-stage founders refine their ideas, connect with international investors, and navigate investment incentives available in Egypt and Saudi Arabia.

The firm already operates across six countries, including the United Arab Emirates, Jordan, Germany, and Australia. Through partnerships with institutions like Al-Hussein Technical University and the University of Sydney, Wider Consulting is working to transform academic research into real-world businesses.

Right now, three startups from Egypt, Jordan, and Saudi Arabia are in the company's incubator. The focus is on turning promising ideas into commercially viable ventures that can scale across the region.

The Ripple Effect

Egypt's academic ecosystem and the growing demand for Arabic-language technology solutions make it a strategic launchpad for innovation. Saudi Arabia's expanding venture capital landscape offers additional opportunities for growth and partnership.

Wider Consulting plans to eventually list between 15% and 40% of some portfolio companies on public markets, depending on their growth and market conditions. The firm will retain controlling stakes in selected ventures to guide their long-term development.

This investment signals growing confidence in the Middle East's startup ecosystem. With dedicated funding, mentorship, and regional expertise, Wider Consulting is creating pathways for entrepreneurs who might otherwise struggle to access capital and guidance.

For founders across Egypt and Saudi Arabia, the message is encouraging: the resources to turn bold ideas into thriving businesses are becoming more accessible every day.