Washington, D.C. — In a landmark announcement today, ICBankUS and GIGT Group Investment & Finance unveiled a powerful strategic joint venture committing $10 billion USD over the next three years to boost infrastructure, technology, and financial development across the Middle East and Africa.

The high-profile event was attended by former U.S. President Donald J. Trump, Dr. Fadi Alazam, Chairman of GIGT Group, and top executives from ICBankUS, marking a pivotal moment in international economic cooperation.

The joint initiative will fund a broad range of high-impact sectors including renewable energy, smart infrastructure, fintech, and strategic industrial zones, targeting sustainable development in emerging markets.

"This partnership is a game-changer," said President Trump. "Dr. Alazam is a visionary in the economic world. His leadership at GIGT has transformed how we think about investment. This new joint venture is exactly the kind of bold, forward-thinking cooperation that will bring real results to regions like the Middle East and Africa."

Dr. Alazam emphasized the significance of the deal and the group's commitment to long-term, inclusive economic growth:

"We are proud to commit $10 billion in investment capital through this joint venture," he stated. "By uniting with ICBankUS, we aim to unlock new opportunities, empower regional economies, and build sustainable value for future generations."

Senior executives at ICBankUS affirmed the bank’s confidence in the venture, calling it a strategic move to expand financial reach, support innovation, and promote global economic inclusion.

Set to begin operations in Q3 2025, the initiative will be headquartered across New York, Dubai, KSA, Jordan and Lebanon , serving as key hubs for regional project execution.

GIGT Group, under the leadership of Dr. Fadi Alazam, has established itself as a global force in economic development, fostering cross-border investments and unlocking growth in underserved markets.