Wider will invest in the healthcare, software, education, entrepreneurship, real estate, and construction technology sectors in both countries.
The company aims to attract investors from various countries to fund projects in these sectors, while benefiting from available investment incentives and facilities.
The firm will also launch a startup accelerator to establish 50 startups by the end of 2026 by helping them secure potential investors.
Wider is a joint Egyptian-Saudi initiative established in mid-2025. It provides consulting and corporate governance services, including restructuring capital assets and facilitating access to economic markets and academic centres, alongside its research arm, Wider Labs.
The company operates in Egypt, Saudi Arabia, the UAE, Jordan, Germany, and Australia.
Wider Labs, the research arm of Wider, focuses on developing advanced technologies across five strategic areas, including healthcare solutions such as clinical decision-support systems and medical data analytics, according to Saudi entrepreneur Rakan Al-Salmi, the company’s general manager.
"The company’s strategy rests on three pillars: improving the governance of capital flows and strategic resources, developing infrastructure for advanced technologies, including Arabic-language solutions, and enhancing the economic value of intellectual property by transforming it into commercial partnerships and investments," Al-Salmi said.
The firm said it chose Egypt due to the growing demand for digital transformation and the need to turn research into economic value.
Wider plans to act as an investor and business incubator in artificial intelligence technology. It will list companies it invests in on the stock exchange by selling 15 to 40 percent of their issued capital.
Other plans are in the pipeline, including building an economic model to transform capital investments into “a recurring revenue stream through sustainable technological operations that serve a market growing at more than 30 percent annually in the region,” according to Wider founder and CEO Omar Hamdy.
Egypt has been stepping up efforts to improve its investment climate. It recently announced plans to establish a new investment fund to co-invest in high-potential companies to expand capital markets and attract long-term financing, as entrepreneurs have struggled to raise capital.
Moreover, the country’s capital market has attracted between 250,000 and 300,000 investors in recent years, and around 180,000 new investors are expected to join the market this year alone.
Egypt is also planning to establish a registry for venture capital firms and investment funds operating for startups, which attracted a total of $614 million in funding in 2025 through direct investments and debt financing.
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