THE MIDDLE EAST’S

21. Mohsen Mahgoub
• Vice Chairman & Managing Director
Company: Ibnsina Pharma
Nationality: Egyptian
Residence: Egypt
Category: Pharmaceuticals
Mahgoub has been vice chairman and managing director since 2021. In 2025, the company liquidated two major assets—Shorouk Hospital and the El Haram administrative/residential building—with a value over $21 million. In H1 2025, Ibnsina recorded $736.5 million in revenues with assets worth $665.9 million. In December 2024, Ibnsina signed a lease for 11,000+ square meters at YANMU Logistics Park to expand distribution. Mahgoub family owns over 10.1% of the company as of June 2025.