Octane Clinches ”Entrepreneurs Award” at Egypt’s Best Summit 2026 for Revolutionizing Digital Fleet Payments
Octane, a pioneer in digital fleet payment solutions, has been honored with the "Entrepreneurs Award" at the "Egypt's Best Summit 2026," an event celebrating the top 100 companies in the country. The prestigious accolade recognizes Octane's instrumental role in driving a qualitative shift in the fleet management sector through technology and innovation. This follows the company's success in developing Egypt's first and largest comprehensive digital ecosystem for fleet payments, covering fuel expenses, maintenance, toll gates, and weighing scales, thereby cementing its position as a leading fintech player in the transport and logistics sector.
During the awards ceremony, Eng. Amr Gamal, Co-founder and CEO of Octane, received the award from Bassel Rahmy, CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA). The handover took place in the presence of numerous ministers, government officials, and Eng. Ziad El-Adawy, Co-founder of Octane.
Octane leverages a suite of cutting-edge digital technologies, including Artificial Intelligence (AI), Optical Character Recognition (OCR), and Near Field Communication (NFC) authentication. These tools enable the execution of fueling transactions in under a minute while mitigating fraud risks. Furthermore, the platform provides real-time visibility and precise control over all transactions, significantly improving fleet management efficiency and reducing operational costs for corporate clients.
Since its inception, the company has recorded robust growth metrics. It currently serves over 3,000 companies and manages more than 300,000 vehicles. To date, Octane has processed over 15 million digital fuel transactions and more than 250,000 toll gate payments. Its technological solutions have successfully reduced fleet operational costs by 35% to 40%, reflecting the direct impact of digitization on maximizing corporate ROI and operational efficiency.
Commenting on the recognition, Eng. Amr Gamal, Co-founder and CEO of Octane, stated: "We are incredibly proud to receive the Entrepreneurs Award at Egypt's Best Summit among the nation's top 100 companies. This honors a journey that, from day one, has been focused on redefining how fleets are managed in Egypt through technology and innovation. This recognition serves as a strong catalyst for us to continue investing in smarter solutions that support the future of transport and logistics, in alignment with Egypt's digital transformation goals."
He added, "We will continue to expand our digital ecosystem and deliver innovative solutions that create tangible value for our clients, enhance the competitiveness of the transport sector, and solidify Egypt's standing as a regional hub for fintech and smart mobility innovation."
Launched in 2016, "Egypt's Best Summit" is one of the most prominent annual events honoring successful and influential models across various economic and social sectors. Held annually under the auspices of the Prime Minister, the summit brings together a distinguished group of ministers, senior officials, executive leaders, and CEOs of major corporations operating in Egypt to spotlight success stories and achievements that drive national economic development.