39. Ibnsina Pharma

Sector: Pharmaceuticals
Vice Chairman & Managing Director: Mohsen Mahgoub
Market Value: $176 million
Sales: $1.1 billion
Profits: $12 million
Assets: $562 million

Established in 2001, Ibnsina Pharma distributes pharmaceutical products from 350 Egyptian and multinational pharmaceutical companies to more than 58,000 customers, including pharmacies, hospitals, retail outlets, and wholesalers. It has a distribution network of 72 operational sites. In December 2024, Ibnsina Pharma secured an 11,000-square-meter warehouse at YANMU East Logistics Park. The company’s net profit jumped by 188% in 2024, fuelled by a 64.5% increase in sales.