The life story and goals of an entrepreneur always inform and inspire. We are honoured to present to you an interview piece of the giant investor Mohamed Mahgoub.
Who is Mohamed Mohsen Mahgoub?
Mohamed is an investor and entrepreneur changing the face of the health care sector
in Egypt. He graduated from Middlesex University with a BsC degree in Marketing and International Business. He has been in the field since 2006. Today, he is the founder and board member of Ibn Sina Pharma. Mahgoub is also an angel investor for promising startups in Egypt. He is the managing partner of Tanmiya Capital Ventures and a non-executive board member in multiple companies.
What are his past experiences?
Mahgoub started his journey in EFG Hermes. He was employed in the Private Equity division. During his 4 years at EFG Hermes, he successfully managed transactions across multiple sectors. With his skills on the table, they had worth $ 1 billion in assets under management. Here he developed expertise in F&B, healthcare and financial Services.
The next stop in Mohmed’s journey was Ibn Sina Pharma in 2010. Mohamed started investing and joined the second largest Pharma distributor in Egypt. He portrayed the true qualities of an entrepreneur in strengthening the company. After only 5 years in the company, he was successful in the partial acquisition of the European Bank for reconstruction and development. This next big achievement was releasing the IPO in 2017 with a size of $80 Million
What are his revolutionizing plans?
His latest efforts are inclined toward transferring the ownership of Al Shorouk Hospital
to AIM, the company’s investment arm. He has already invested 120 million pounds in
the investment arm for the subsidiaries. He is a visionary investor who based the decisions on the research that an increase in population will lead to an increase in demand for healthcare and insurance. He explained how the company is studying investment opportunities in the health sector to create a synergy for the future.
Are his efforts gainful for Ibn Sina Pharma?
Mohmed has been working strategically to increase the revenue of Ibn Sina Pharma by developing the healthcare sector. In the first quarter of the financial year 2022, the company recorded a 17% increase in its gain. In 2021 the first quarter reported revenue of 4.75 billion Pounds. However, in the first three months of this year, the revenue reached 5.33 billion Pounds.
How does he help aspiring an investor or entrepreneur?
Mohmed believes the best way of helping is by sharing advice derived from life experiences. He always shares fruitful advice focusing on the value of a strong team. Mohamed believes that a skilled team will help your success in the long run. He wants
every aspiring entrepreneur to understand the importance of team building and management in the world of investments. If he finds an idea compelling, he might become their angel investor.
How to contact him?
You can contact Mohamed Mahgoub via his social media platforms. He is available on LinkedIn, Instagram and Facebook. You can follow him to get the latest updates and even try reaching out for solving your business queries online.