Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Egypt Gold Vending Machine Sells Bars From 0.25 Grams

BTC has launched an Egypt gold vending machine at Cairo's Nile City Towers mall. Small gold bars hold about US$36 to US$362 of metal at recent prices. The post Egypt Gold Vending Machine Sells Bars From 0.25 Grams appeared first on The Rio Times .

Egypt launched its first official gold vending machine in Cairo this week, allowing customers to purchase small gold and silver bars using a bank card. Located in the Nile City Towers shopping mall, the machine offers gold bars ranging from 0.25 to 2.5 grams and silver bars from 5 to 100 grams, along with a selection of gold and silver coins.

The machine represents BTC's effort to expand its bullion sales channels and make purchasing gold and silver more accessible. BTC CEO Hassan Nassar stated that the launch reflects the company's strategic plan to expand its offerings and improve customer convenience. The machine is BTC's first official gold vending machine in Egypt, and the company has not disclosed how many additional machines will follow or their pricing details.

BTC is a division of KPM, an Egyptian precious metals group led by Nassar, which also owns GD&M, Gemeva, and Odyssey.

Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at riotimesonline.com →

More in Finance & Markets

More from Friday 9 October →