A joint report by MAGNiTT and Saudi Telecom Group reveals that institutional investors in the Middle East and North Africa have shifted from opportunistic participation to structural partners in the region's digital economy. Despite making up only 12% of deals, institutional investors were involved in funding rounds worth 37% of total venture capital ($15.4 billion across 3,329 deals from 2021–2025), with Saudi Arabia and the UAE accounting for 86% of institutional funding. Fintech and e-commerce sectors attracted over half of institutional capital, though the report notes Egypt and cross-border investment remain underdeveloped relative to the region's potential.