Bio
Saqib is COO and co-founder at A47 AI, where he runs operations and leads the prediction-markets initiative. He covers crypto, Web3, and the decentralization of the sport and entertainment economy.
Editorial Responsibility
As A47's prediction-markets and crypto editor, I am responsible for our coverage of these markets and Web3 — ensuring it is grounded in real product, data, and revenue rather than speculation.
Previous experience · 14+ years
- · WPP Media (GroupM PK, Wavemaker PH)
- · MYCO
- · ARY Digital Network
Education
MBA Marketing, SZABIST
Areas of expertise
Categories overseen
Stories from Saqib Pathan’s desk
5843 stories- Business· World
Comcast plans to spin off NBCUniversal and Sky into independent companies
Comcast has announced its intention to separate NBCUniversal and Sky into a standalone entity. This strategic decision is driven by the company's goal to streamline operations and focus on its core cable and broadband services. The long-term implication may lead to significant shifts in the media and entertainment landscape, particularly affecting NBCUniversal's streaming service Peacock as it operates independently.
6 sources3d ago
- Business· World
Quantum Systems secures $1.2 billion funding, doubling valuation amid defense technology surge
Quantum Systems has raised $1.2 billion in funding, increasing its valuation to approximately $8 billion. This investment is driven by heightened interest in defense technology and autonomous systems due to ongoing geopolitical tensions. The long-term implication suggests a continued trend of increased investment in defense technologies across Europe, positioning companies like Quantum Systems for further growth and innovation.
5 sources3d ago
- Business· World
SpaceX IPO Faces Stock Volatility and Investor Confusion
SpaceX's IPO has resulted in significant fluctuations in its stock price, which peaked at $225 before dropping to around $170. This volatility is exacerbated by a misunderstanding that has prevented some Korean investors from participating in the IPO. In the long term, investors will be closely monitoring SpaceX's financial projections and stock performance as the company seeks to stabilize its market position and clarify its valuation.
3 sources3d ago
- Economy· World
US Justice Department investigates insider trading linked to Chinese brokerage crackdown
The U.S. Justice Department has launched an investigation into allegations of insider trading associated with a significant regulatory crackdown on Chinese brokerages. This inquiry was triggered by claims from Susquehanna International Group that unknown traders profited $100 million from options bets made prior to the crackdown. The long-term implication may involve increased scrutiny and stricter regulations on trading practices in global markets to uphold market integrity.
3 sources3d ago
- Economy· World
ECB Raises Interest Rates to Combat Persistent Inflation
The European Central Bank raised interest rates on June 11, 2026, in response to ongoing inflationary pressures in the Eurozone. This decision was made unanimously by the governing council, driven by projections indicating inflation will remain above the target of 2% until 2028. In the long term, the ECB is likely to continue adjusting its monetary policy to stabilize the economy amid these inflation concerns.
4 sources3d ago
- Economy· World
U.S. job growth data disappoints, impacting stock market and interest rate expectations
U.S. job growth in June fell short of expectations, leading to mixed performance in the stock market. This disappointing data has eased investor concerns regarding an imminent interest rate hike by the Federal Reserve. As market participants await further economic indicators, the focus will shift to upcoming job reports and their potential influence on Federal Reserve policy decisions.
3 sources3d ago
- Economy· World
WSJ Dollar Index declines 0.5% amid disappointing jobs data
The WSJ Dollar Index fell to 97.25, marking a 0.5% decline and ending a two-day winning streak. This drop is attributed to disappointing jobs data that has affected expectations for Federal Reserve rate hikes. The dollar's trajectory will largely depend on upcoming economic reports and the Federal Reserve's subsequent policy decisions, which could either stabilize or further weaken the currency.
3 sources3d ago
- Economy· World
Egg producers settle federal price-fixing lawsuit for $3.3 million and 53 million egg donation
Several egg producers have agreed to a $3.3 million settlement and the donation of over 53 million eggs to resolve a federal price-fixing lawsuit. This settlement follows investigations into allegations of coordinated efforts to inflate egg prices, which reached record highs in early 2025. The outcome may lead to increased scrutiny and regulatory changes in the agricultural sector regarding pricing practices.
6 sources3d ago
- Economy· World
Japanese yen weakens past critical threshold prompting intervention speculation
The Japanese yen has weakened significantly against the dollar, crossing the critical 162 mark. This decline has raised concerns about potential government intervention to stabilize the currency, particularly as it approaches a four-decade low. Analysts expect increased volatility in the currency markets as Japan's officials communicate closely with the U.S. regarding foreign exchange strategies.
3 sources3d ago
- Economy· World
Japanese yen reaches 40-year low against US dollar
The Japanese yen has dropped to its lowest value against the U.S. dollar in 40 years, falling below 162 yen per dollar. This decline is driven by rising U.S. Treasury yields, which have strengthened the dollar and increased pressure on the yen. In the long term, this situation may prompt the Japanese government to intervene in currency markets to stabilize the yen and mitigate volatility.
6 sources3d ago
- Economy· MENA
Saudi Arabia's Public Investment Fund reports 152% profit increase for 2025
The Public Investment Fund of Saudi Arabia announced a net profit of SR65.1 billion for 2025, marking a 152% increase from the previous year. This surge is attributed to enhanced operational efficiency and strategic investments amid regional economic challenges. The fund's strong performance positions it to significantly contribute to Saudi Arabia's economic diversification goals and its target of SR10 trillion in assets by 2030.
3 sources3d ago
- Economy· World
EU Halves Tariff-Free Steel Import Quotas to Protect Local Industry
The European Union has reduced its tariff-free steel import quota by 50% to safeguard its domestic steel industry. This decision comes in response to concerns over overcapacity and competition from Chinese imports. The long-term implication is a potential reshaping of steel trade dynamics in Europe, particularly affecting producers like Tata Steel UK who face significant export capacity reductions.
3 sources3d ago
- Economy· World
Oil prices decline as US-Iran negotiations show progress
Brent crude oil prices have fallen below $71 a barrel following reports of positive developments in indirect talks between the US and Iran. This decline is occurring as the negotiations focus on the Strait of Hormuz, a vital route for global oil supply. If these talks continue to progress, the oil market may experience increased volatility and potential fluctuations in prices depending on the outcomes of the discussions.
3 sources3d ago
- Business· World
Tesla Achieves Record Vehicle Deliveries in Q2 2026 Amid Stock Decline
Tesla delivered 480,126 vehicles in Q2 2026, significantly surpassing Wall Street's expectations. The immediate cause of this achievement is a rebound in demand, particularly in Europe, following two years of declining sales. However, the 8% drop in Tesla's stock price post-announcement indicates ongoing investor concerns about future market dynamics and the company's growth trajectory.
6 sources3d ago
- Economy· MENA
Saudi Arabia and Turkey establish permanent economic cooperation forum
A memorandum of understanding was signed to create the Saudi-Turkish Forum for Chambers. This agreement reflects the growing economic ties between the two nations and was made during the 40th meeting of the Islamic Chamber of Commerce and Development Board in Ankara. The TSCF is expected to strengthen bilateral economic relations and create new business opportunities, potentially leading to increased trade volumes and collaborative projects across various sectors.
3 sources4d ago
- Economy· World
Saudi Arabia Advocates for Enhanced Economic Cooperation Among Islamic Nations in Ankara
The 40th meeting of the Islamic Chamber's Board of Directors took place in Ankara, focusing on economic collaboration among Islamic countries. Abdullah Saleh Kamel emphasized the need for greater private sector involvement in economic development, reflecting a strategic shift in response to current economic challenges. This initiative may lead to increased trade and investment opportunities, fostering sustainable economic growth across member states of the Organization of Islamic Cooperation.
3 sources4d ago
- Economy· MENA
Saudi Arabia extends tax penalty waiver initiative until December 31, 2026
The Zakat, Tax and Customs Authority has announced an extension of its tax penalty waiver initiative for an additional six months. This decision is aimed at alleviating financial burdens on taxpayers and encouraging compliance with tax regulations. In the long term, this initiative may foster a more compliant tax environment and could lead to further extensions or adjustments in tax policy.
5 sources4d ago
- Economy· MENA
Saudi Arabia's CMA Compensates Over 20,000 Investors for Market Violations
The Capital Market Authority of Saudi Arabia has announced compensation for more than 20,000 investors affected by violations related to Al Kathiri Holding Co. and Anaam International Holding Group. This decision follows a ruling by the Appeal Committee mandating violators to pay a total of SR292.8 million in illegal gains. The CMA's actions are expected to enhance investor confidence and attract more investments in the Saudi capital market over the long term.
3 sources4d ago
- Business· UAE
Nio Space Group and Saudi Airlines launch first integrated airborne communication system in Saudi Arabia
Nio Space Group and Saudi Airlines have activated the NSG Skywaves, the first integrated airborne communication system on an Airbus A321XLR. This milestone is occurring now as part of a strategic initiative to enhance in-flight connectivity for passengers in Saudi Arabia. The successful implementation may lead to further innovations in aviation communication systems across the region.
3 sources4d ago
- Economy· World
Gold prices hit seven-month low amid rising U.S. Treasury yields
Gold prices have fallen to their lowest level in seven months, driven by increasing U.S. Treasury yields and expectations of interest rate hikes. This significant decline is occurring as the market adjusts to a stronger U.S. dollar and heightened interest rate forecasts. In the long term, the gold market may continue to face pressure, prompting investors to closely monitor economic indicators and Federal Reserve announcements.
4 sources4d ago