Under the agreement, AMAN users can buy gold and pay in installments via any of the 150,000 points of sale nationwide or directly through the AMAN Super-App.

"Partnership with Dahab Masr aligns with our mission to expand financial inclusion and empower customers with flexible payment options,” said Hazem Moghazi, Co-CEO of business and commercial affairs at AMAN Holding.

"This partnership is a significant milestone for the Egyptian gold market. By combining our digital platforms and expertise, we are making gold investment easier, more transparent, and more accessible," said Fady Kamel, CEO of Dahab Masr.

Demand for gold in Egypt is increasing due to the surge in inflation and the instability in the value of the pound.

On Tuesday, the gold pound coin price jumped more than EGP 1,000 in one day while the USD parallel market rate recorded an unprecedented high at EGP 58.92.

AMAN Holding, a subsidiary of the Cairo-listed Raya Holding, is an Egyptian leading fintech company offering over 2,000 financial services to individuals and businesses.

Founded in 2001, Dahab Masr specializes in investments in precious metals such as gold and silver, in the form of bars and coins.