Public Gold ATMs to be deployed across Middle East, Europe

KUALA LUMPUR: Malaysia-based Public Gold Group through business unit Public Gold ATM is set to deploy its smart Gold ATMs across Dubai, the Middle East and Europe.
Through partnerships with MAH Gold and Jewellery LLC and ComTech Gold, both based in Dubai, the rollout of the fintech-powered gold ATMs in these markets is expected to begin this year, subject to regulatory approval.
The initial phase will see the installation of five units in 2026, with plans to expand the network to 50 units the following year.
Public Gold Group founder and executive chairman Datuk Seri Louis Ng said the partnerships marked a key step towards transforming gold accessibility and investment opportunities in the region.
“Dubai is similar to Malaysia in that gold is freely traded, with no sales tax or VAT and minimal trade restrictions, making it an ideal market for the initial deployment of Gold ATMs,” he said at a press conference after the partnership signing ceremony yesterday.
The partnership agreements were signed at Menara Public Gold here, with Ng present to formalise the signings with MAH Gold and Jewellery LLC chief marketing officer Hussein Osman and ComTech Gold founder and CEO Jignesh Ved.
Operating 24/7, Ng said, the fintech-powered Gold ATM integrates physical gold, digital finance and advanced technology into a single platform.
“Users can purchase gold via e-wallets or credit cards, collect online orders, withdraw gold from gold accounts, convert cryptocurrency into gold and redeem digital gold securely from vaults, offering enhanced liquidity while mitigating counterparty, insolvency and digital fraud risks.”
Established in 2023, Public Gold ATM has deployed 155 fintech-powered Gold ATMs across Malaysia, Indonesia and parts of Dubai to date.
The milestone has earned the company a Guinness World Records title for “Most Gold ATM Deployments,” announced during the gala dinner held in conjunction with the Malaysia Gold Conference (MGC) 2026 on Feb 3, 2026, by Entrepreneur and Cooperatives Development Minister Steven Sim.
Leveraging the Gold ATM fintech infrastructure, MAH Gold will enhance accessibility and efficiency across its wholesale, retail and institutional markets in regions where it has long-established operations.
In November 2025, Public Gold unveiled its first gold ATM in Dubai through its Dubai arm in partnership with Emirates Gold DMCC.