Established in 2001, Ibnsina Pharma distributes pharmaceutical products from over 350 Egyptian and multinational companies to more than 46,000 pharmacies, hospitals, retail outlets, and wholesalers. The company operates across 59 sites in 23 cities in Egypt and employs more than 5,500 people. In November 2021, the company’s investment arm AIM established logistics service Ramp Logistics with an initial investment of $28 million. Ibnsina Pharma recorded revenues of $1 billion in the first nine months of 2021. Mahgoub is also the chairman of the Arab International Investment Group and sits on the boards of the Faisal Islamic Bank of Egypt and Dar El Eyoun Hospital.