Iqbal Zafaruddin Ahmed or Iqbal Z. Ahmed (born 3 February 1946) is a businessman and philanthropist of Pakistan.
Born in Patna, India, Ahmed is the son of Zohra (died 1979) and Z. Z. Ahmed (1910–1989), a former deputy inspector general of Pakistan Police. He was schooled at Sadiq Public School, Bahawalpur, and Aitchison College, Lahore. He has a bachelor's degree in economics from Government College, Lahore, and a master's degree in economics from Punjab University, Lahore.
Associated Group (AG) was cofounded by Ahmed and his father in 1965. Today, AG is among Pakistan's largest producers, transporters and marketers of liquefied petroleum gas (LPG) in the private sector. Its companies include Jamshoro Joint Venture Limited, Lub Gas, Mehran LPG, Pakistan GasPort Limited, AG Publications, and Associated Estate Developers (AEDL). AG has its headquarters at Lahore and offices in Islamabad and Karachi. AG's philanthropic efforts are directed through the Zohra and Z. Z. Ahmed Foundation. AG chairman Ahmed is also the Publisher and chairman of the board of Newsweek Pakistan.
Self-made businessman Ahmed, who started in business at the age of 16, has been featured in Newsweek International and Forbes, and profiled on CNBC Pakistan.
The state of Oklahoma declared 21 April 2009, as "Iqbal Z. Ahmed Day" to commemorate, according to the proclamation issued by Governor Brad Henry, "Mr. Ahmed's efforts to bring stability to the region and improve relations between Pakistan and the United States includ[ing] his support for President Obama's plan to add economic support to previously provided military support, shifting the priority for America's investment in Pakistan's stability; and ... Mr. Ahmed's efforts to champion peace and stability in Pakistan and the region; improve relations between Pakistan and the United States; provide power to underserved areas of his country; and forge a mutually beneficial partnership between Pakistan and Oklahoma businesses [a]s a positive example for everyone".