We are company builders and venture capitalists, with founders' attitudes, and investors' mindsets

We back great teams that are building innovative start-ups and support them to grow and scale their companies to become regional champions and global winners in their categories

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Introducing Venture Oasis Podcast: conversations with digital economy builders


Our Regional Champions


iMENA: What it Takes to Stay Ahead in Tech


A founder’s natural habitat

Start-ups that make a difference

We build and invest in innovative start-ups that advance economies and improve lives. We believe in business models that address key needs, in large markets, with innovative technologies, and defensible network effects.

Focused, hands-on, strategic

Our diverse team has first-hand experience in the day-to-day tactical and strategic ins and outs of building, growing, and scaling start-ups, from the seedlings of an idea all the way to exit.

Khaldoon H. Tabaza

Founder & Managing Director

Adey Salamin

Founder & Board Member

Fadel Kremid

Chief Financial Officer

Suhaib Bseiso

Investment Manager

Ayman Abu Dre’i

Finance Manager

Sarah Barkawi

Senior Investment Manager

Nisreen Abu Maizer

Financial Planning & Analysis Manager

Aayad Ghananim

PR & Communications Manager

Board of Directors

Khaldoon Tabaza

Adey Salamin

Mazin Aldawood

Nasir Alsharif

Hamad Al Sulaiman

Sultan Alturki

Khalid Al Sulaiman

Brooke Lindsay

Marco Somalvico

Read, learn, stay up to date

March 24, 2022

UAE-based car subscription platform Carasti has announced that it raised $2 million.

UAE-based car subscription platform Carasti has announced that it raised $2 million. The round was co-led by Rua Growth Fund and Net ventures. Carasti was founded in 2019 as an online platform offering a flexible 1-24 month car subscription service. It gained popularity very first as the platform was designed to let users seamlessly choose, upgrade, downgrade, or swap their car seamlessly through their app.

February 17, 2022

mSME enabling platform, Setup in Abu Dhabi, launched

Creative Zone has collaborated with Abu Dhabi Department of Economic Development and twenty-three other governmental and private entities, including Telr, to establish a mSME enabling platform titled “Setup in Abu Dhabi”.

January 17, 2022

Lucidya Successfully Closes $6 Million Second Round of Funding

Lucidya announces its second round of funding of $6 million led by Rua Growth Fund with participation from M.A.L Ventures and AlRashed Group, and other international Venture Capitals. Existing Lucidya investors also participated in the round, including Venture Souq.

November 1, 2021

Rua Growth Fund is proud to announce their investment in CoinMENA.

Rua Growth Fund is proud to announce their investment in CoinMENA.

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Supercharging MENA’s tech champions

We back ambitious founders with the focus and energy to drive their teams to build companies that improve people’s lives and shape the future of the region’s vibrant digital economy.