BTC launches gold and silver vending machine in Egypt

BTC has officially launched its first vending machine for gold and silver ingots and coins in Egypt at the Nile City Towers Mall in Cairo, marking the company’s entry into automated retail in the country. The rollout aims to make precious metals more accessible to customers while offering flexible purchasing options.

Automated Gold and Silver Purchases at Nile City Towers Mall

The machine allows shoppers to buy a selected range of gold and silver products using payment cards. Customers can purchase gold ingots ranging from 0.25 to 2.5 grams, silver ingots ranging from 5 to 100 grams, and a variety of gold and silver coins.

The installation follows a testing phase that began in 2025. During this trial period, BTC introduced similar vending machines at various locations in Gulf markets alongside an initial test model in Egypt to develop the automated retail system.

Diversifying Sales Channels in Egypt

BTC CEO Hassan Nassar stated that moving to the official launch phase reflects the company’s strategy to diversify its sales channels for gold and silver products. He added that using technology helps provide customers with more convenient and flexible purchasing options.

Placing the machine at Nile City Towers Mall adds to the company’s existing sales channels and supports its ongoing efforts to expand access to bullion products in ways that meet customers’ needs.

Hassan Nassar

BTC operates as one of the leading gold and silver bullion companies in the Arab region, maintaining a presence in Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, and Oman. The firm is owned by KPM, whose portfolio includes GD&M for diamonds and jewelry, the retailer Gemeva, and Odyssey, which specializes in artworks and unique furniture pieces.