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MAP Elects Muhammad Azfar Ahsan as its President

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Muhammad Azfar Ahsan, Founder & CEO of Nutshell Group, has been elected as the President of the Marketing Association of Pakistan (MAP), the apex body of marketing in the country. He previously served MAP in various capacities, including his recent role as the Vice President of MAP. Azfar has served as Minister of State & Chairman, Board of Investment and Government of Pakistan. He is also the Founder of the CORPORATE PAKISTAN GROUP, which represents the elite of Pakistan’s national intelligentsia, including corporate and government leaders, policymakers, academicians, defense personnel, media practitioners, and movers and shakers of civil society.


Other office bearers elected to MAP this year include Saqib Saleem from Arif Habib Investments as Vice President MAP; Jahangir Rasheed from Dalda Foods as Honorary Secretary; and Asim Shafiq from Abbott Laboratories as Honorary Treasurer.


Azfar is a visionary and has brought innovation and growth to all his ventures. He plans to restructure and expand MAP to become a global voice for Pakistan. He hopes to bring his expertise as an influencer and a connector to the marketing landscape, enabling all stakeholders to collaborate for the best global representation of Pakistan.

Azfar Ahsan receives Global Visionary Award

Commenting on the occasion, Muhammad Azfar Ahsan expressed his heartfelt gratitude to the marketing fraternity for reposing trust in his leadership and allowing him to serve the industry and Pakistan at large.


“My priority is to strengthen and expand the platform of the Association across the country, with the induction of new members and new chapters from the genres of traditional marketing and emerging digital space alike. Being an advocate of diversity, I look forward to more female leadership defining new contours of Marketing.”


As Founder & CEO of Nutshell Group, which is the parent group for Nutshell Communications, Nutshell Conferences, and Nutshell Solutions, he has led and initiated many strategic developments and discussions inside and outside Pakistan. He plans to give the same edge to MAP, by enabling experts to share the best visions for the future.

 

Azfar is the thought leader behind two of Pakistan’s largest corporate events – LEADERS IN ISLAMABAD BUSINESS SUMMIT (LIIBS) and THE FUTURE SUMMIT (TFS). Through these platforms as well as several other initiatives, he has also hosted hundreds of foreign delegates in Pakistan in the last 2 decades.


Azfar served as the Chairman of MARCON 2016, Pakistan’s flagship marketing event, where he endorsed creativity and innovation as the drivers for business success. He was honored by the Canada Pakistan Business Council (CPBC) in 2019 and received the “Global Outreach Award” from them. In December 2020, the US State Department featured Azfar in their list of 80 selected alumni of the International Visitors Leadership Program (IVLP). These 80 individuals were selected out of 225,000 IVLP alumni worldwide. In May 2022, he received the “Global Visionary Award for Global Connectivity of Businesses and Communities” by the BSV Blockchain Association, further confirming his commitment to the modernization of businesses.


Azfar is a Member of the Board of Directors of the Institute of Financial Markets of Pakistan, RYTS Global (Rytsglobal.com), Make-A-Wish Foundation Pakistan, and the Advisory Board of Shaukat Khanum Cancer Hospital Karachi. He plans to integrate his learnings for the sustained growth of MAP. His mission is to widen MAP’s horizon to include all areas of expertise.

 

The former Presidents of MAP, S. Masood Hashmi, Talib S. Kamran, Syed Imran Ahmed, Sarmad Ali, and many senior members, shared their felicitations for Azfar on assuming this important role.

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Business

PTA recommends giving licenses to Starlink, OneWeb: PTA Chairman

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The image is AI-generated and used for illustration purposes only

ISLAMABAD – The Pakistan Telecommunication Authority (PTA) has recommended issuing licenses to satellite internet providers, including Starlink, OneWeb, and Amazon’s Project Kuiper, as part of efforts to improve internet connectivity in remote areas and along the country’s motorway network.

Read more: Cristiano Ronaldo’s World Cup career ends after Spain defeat

The recommendation was shared during a meeting of the Senate Standing Committee on Cabinet Secretariat, where PTA Chairman Major General (R) Hafeez Ur Rehman briefed lawmakers on the country’s progress towards introducing satellite broadband services.

PTA Chairman on internet service in Pakistan

The PTA chairman said satellite internet has become an important solution for delivering reliable broadband services in underserved regions where expanding conventional telecom infrastructure is both expensive and technically challenging.

Read more: Why Does Electricity Go Out When It Rains in Pakistan?

According to the chairman, the PTA has completed the required technical and regulatory preparations and has forwarded its recommendations to the Ministry of Information Technology and Telecommunication for further consideration.

He pointed to Nepal as an example of a country that has successfully used satellite internet services to strengthen nationwide connectivity, particularly in geographically challenging areas.

The process of obtaining registration

The chairman explained that satellite internet providers will first need to obtain registration from the Space Activities Regulatory Board before they can apply for telecommunications licences from the PTA to launch commercial operations in Pakistan.

Read more: PIA may sell foreign assets to reduce financial liabilities

Pakistan has been working on a regulatory framework for satellite broadband as part of its broader strategy to extend high-speed internet access beyond urban centres and bridge the country’s digital divide.

If approved, the move could pave the way for global satellite internet providers to begin offering services in Pakistan, expanding broadband availability in areas where traditional fibre and mobile networks remain limited.

Category Details
Regulator Pakistan Telecommunication Authority (PTA)
Recommendation Licence satellite internet operators in Pakistan
Companies Starlink, OneWeb, Amazon Project Kuiper
Objective Expand internet access in remote areas and on motorways
Current Status Recommendations submitted to the Ministry of IT & Telecommunication
Registration Requirement Space Activities Regulatory Board approval
Commercial Licence Issued by PTA after regulatory registration
International Example Nepal’s satellite broadband deployment
Expected Impact Reduce the digital divide and improve nationwide broadband coverage

Key Points:

  • PTA has recommended licensing satellite internet providers including Starlink, OneWeb and Amazon’s Project Kuiper.
  • The proposal has been submitted to the Ministry of Information Technology and Telecommunication.
  • Satellite internet is intended to improve connectivity in remote regions and along motorways.
  • Operators will first require registration with the Space Activities Regulatory Board before obtaining PTA licences.
  • PTA cited Nepal as an example of successful satellite broadband deployment.
  • The initiative is part of Pakistan’s broader effort to expand high-speed internet access and reduce the digital divide.

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Gold

Today’s gold rates in Pakistan – July 16, 2026

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KARACHI – On July 16, 2026, gold prices in Pakistan increased, following the upward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola increased to Rs 428,000 after a rise of Rs 1000, while the rate for 10 grams was Rs 366,090.

Today’s Gold and Silver Rates in Major Cities
City Gold Rate Silver Rate
Karachi PKR 428,000 PKR 3,830
Lahore PKR 428,050 PKR 3,830
Islamabad PKR 428,100 PKR 3,830
Peshawar PKR 428,150 PKR 3,830
Quetta PKR 428,200 PKR 3,830
Sialkot PKR 428,000 PKR 3,830
Hyderabad PKR 428,000 PKR 3,830
Faisalabad PKR 428,000 PKR 3,830
Multan PKR 428,000 PKR 3,830

Note: It is pertinent to mention here that Upfront News in no way claims these rates to be accurate at all times, as the prices can continuously vary.

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Forex

Today’s currency exchange rates in Pakistan – July 16, 2026

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KARACHI – Foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, Euro, and other currencies in Pakistan open market on July 16, 2026. The US Dollar’s buying rate stands at Rs 279.05, and the selling rate at Rs 279.2.

Several other currencies, which include the Australian Dollar (AUD), Canadian Dollar (CAD), Chinese Yuan (CNY), Danish Krone (DKK), Japanese Yen (JPY), Kuwaiti Dinar (KWD), Malaysian Ringgit (MYR), New Zealand Dollar (NZD), and Swiss Franc (CHF), showed no significant change in their rates compared to the previous update.

Currency Symbol Buying Selling Charts
🇦🇺Australian Dollar AUD 195.33 198.45 📊
🇧🇭Bahrain Dinar BHD 741.05 751.95 📊
🇨🇦Canadian Dollar CAD 197.72 201.65 📊
🇨🇳China Yuan CNY 38.05 38.8 📊
🇩🇰Danish Krone DKK 42.56 43.25 📊
🇪🇺Euro EUR 321.04 324.4 📊
🇭🇰Hong Kong Dollar HKD 35.24 36.25 📊
🇮🇳Indian Rupee INR 2.75 3.2 📊
🇯🇵Japanese Yen JPY 1.71 1.81 📊
🇰🇼Kuwaiti Dinar KWD 890.02 900.95 📊
🇲🇾Malaysian Ringgit MYR 67 68.05 📊
🇳🇿NewZealand $ NZD 161.2 163.75 📊
🇳🇴Norwegians Krone NOK 27.99 28.29 📊
🇴🇲Omani Riyal OMR 725.81 735.65 📊
🇶🇦Qatari Riyal QAR 75.45 76.47 📊
🇸🇦Saudi Riyal SAR 74.6 75.25 📊
🇸🇬Singapore Dollar SGD 214.85 217.85 📊
🇸🇪Swedish Krona SEK 28.25 28.9 📊
🇨🇭Swiss Franc CHF 343.59 348.25 📊
🇹🇭Thai Bhat THB 8.55 8.8 📊
🇦🇪U.A.E Dirham AED 76.25 76.95 📊
🇬🇧UK Pound Sterling GBP 373.46 376.15 📊
🇺🇸US Dollar USD 279.05 279.2 📊

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