
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
8460 stories- Economy· World
Federal Reserve Chairman signals continued fight against inflation with potential interest rate hikes
Kevin Warsh, the newly appointed Federal Reserve Chairman, has indicated that the battle against inflation is ongoing and hinted at possible interest rate hikes. This stance comes as the Consumer Price Index shows a decrease to 3.5%, yet inflation remains a significant concern for the Fed. The long-term implication is that tighter monetary policy may be implemented, affecting economic stability and market reactions in the coming months.
3 sourcesJul 22
- Economy· World
Indian Rupee Hits Two-Month Low Amid Rising Oil Prices and Geopolitical Tensions
The Indian rupee has fallen to a two-month low due to rising oil prices, prompting the Reserve Bank of India to intervene in the foreign exchange market. This decline is attributed to increased crude oil prices amidst geopolitical tensions in the Middle East, which have negatively impacted market sentiment. The ongoing volatility in oil prices may continue to challenge the stability of the Indian rupee and necessitate further RBI actions.
3 sourcesJul 22
- Economy· World
Oil prices fluctuate amid US-Iran tensions and mediation efforts
Oil prices rose to a five-week high due to escalating military tensions between the US and Iran. Recent mediation efforts aimed at de-escalating the conflict have led to a subsequent dip in prices as markets react to the potential for reduced hostilities. The long-term implication suggests that ongoing diplomatic negotiations will continue to influence oil market volatility and pricing dynamics.
3 sourcesJul 22
- Business· World
Gates Foundation Review Finds No Wrongdoing in Epstein Ties
An external review of the Gates Foundation's interactions with Jeffrey Epstein concluded that there was no evidence of wrongdoing despite Bill Gates meeting with Epstein approximately 30 times. This investigation was prompted by concerns raised by foundation staff regarding Gates' associations with the convicted sex offender. The findings may influence future donor relationships and public perception of the Gates Foundation as scrutiny of philanthropic organizations increases.
5 sourcesJul 22
- Business· World
Novo Nordisk sues Eli Lilly over misleading weight loss drug advertisements
Novo Nordisk has filed a federal lawsuit against Eli Lilly, alleging false advertising related to weight loss drugs. The lawsuit claims that Eli Lilly's advertisements use outdated clinical trial data to misrepresent the effectiveness of its GLP-1 drugs compared to Novo Nordisk's products. The outcome of this legal battle could reshape advertising practices in the pharmaceutical industry and influence consumer perceptions of weight loss drugs.
4 sourcesJul 21
- Economy· MENA
Saudi Arabia Rises to 13th in Global Foreign Direct Investment Rankings
Saudi Arabia has climbed to 13th place among the world's largest recipients of foreign direct investment in 2025. This increase is attributed to a nearly 53% rise in net FDI inflows, reflecting growing investor confidence and the effectiveness of the Kingdom's National Investment Strategy. The upward trend in FDI suggests that Saudi Arabia is becoming an increasingly attractive destination for global investors, aligning with its Vision 2030 goals.
3 sourcesJul 21
- Business· World
IBM's stock suffers largest single-day drop since 1968 amid AI budget shift
IBM's stock plummeted by 25% in a single day due to disappointing second-quarter results. This decline is driven by a broader corporate shift in spending towards AI technologies, leaving IBM's traditional enterprise offerings vulnerable. The long-term implication is that IBM must rapidly innovate and adapt to AI trends to regain investor confidence and market relevance.
3 sourcesJul 21
- Economy· World
Asian and European markets show caution ahead of major tech earnings amid rising oil prices
Asian and European stock markets are experiencing a cautious trading environment as investors await significant earnings reports from major technology firms. This hesitance is triggered by recent peaks in oil prices, which have raised inflation concerns linked to escalating geopolitical tensions in the Middle East. In the long term, the outcome of these tech earnings and geopolitical developments could either stabilize or further disrupt market conditions across these regions.
3 sourcesJul 21
- Business· World
SpaceX stock falls below IPO price amid market skepticism
SpaceX's stock price has dropped below its IPO price for the first time. This decline follows a series of optimistic price targets from Wall Street, raising doubts about their reliability. The long-term implication is that investor confidence will be crucial for SpaceX's future performance in a volatile market environment.
3 sourcesJul 21
- Economy· World
US gasoline prices exceed $4 per gallon amid escalating US-Iran conflict
Gas prices in the U.S. have surged above $4 per gallon for the first time since mid-June. This increase is driven by renewed fighting between the U.S. and Iran following the collapse of a ceasefire. The ongoing conflict raises concerns about energy supply stability, potentially impacting consumer sentiment and economic conditions as midterm elections approach.
4 sourcesJul 20
- Economy· World
US gas prices rise above $4 per gallon amid escalating geopolitical tensions
The national average price for gasoline in the United States has surged back to over $4 per gallon. This increase is driven by renewed conflicts involving Iran and ongoing tensions from the Ukraine-Russia war, which have disrupted energy markets. As geopolitical instability persists, consumers are likely to face continued financial pressure at the pump, impacting the broader economy.
3 sourcesJul 20
- Business· UAE
Abu Dhabi announces expansion of E20 highway to alleviate traffic congestion
Abu Dhabi has announced the expansion of the E20 highway to five lanes, including the construction of four new bridges. This initiative is being undertaken to improve traffic flow in Khalifa City and enhance connectivity, particularly for Zayed International Airport. Long-term, this project is expected to support further infrastructure developments and regional growth in Abu Dhabi.
3 sourcesJul 20
- Economy· World
Gold prices rise amid escalating U.S.-Iran tensions but face weekly loss
Gold prices have surged to $4016.95 per ounce due to heightened geopolitical tensions between the United States and Iran. This fluctuation is occurring now as investors seek safe-haven assets amidst rising oil prices and inflation concerns. In the long term, continued geopolitical instability may further influence gold prices and shift investment strategies in the commodities market.
4 sourcesJul 20
- Economy· MENA
Saudi Ports Authority invests SAR 1 billion to expand logistics centers at Jeddah Islamic Port
The Saudi Ports Authority, Mawani, has signed seven agreements to establish and expand logistics centers at Jeddah Islamic Port, backed by an investment of approximately SAR 1 billion. This initiative is part of Saudi Arabia's National Transport and Logistics Strategy, aimed at enhancing the Kingdom's operational readiness as a global logistics hub. Long-term, this expansion is expected to create thousands of jobs and significantly improve supply chain efficiency, positioning Saudi Arabia as a key player in global trade.
3 sourcesJul 20
- Business· World
Netflix stock drops to 52-week low following mixed Q2 earnings report
Netflix's stock fell 11% after the company reported second-quarter earnings that met expectations but issued a disappointing forecast for the third quarter. The immediate cause of the decline was investor concern over the company's future growth prospects despite a year-over-year revenue increase of 13%. In the long term, Netflix will need to strategically respond to regain investor confidence and navigate its growth challenges in a competitive market.
3 sourcesJul 20
- Business· World
ASML Grants €20,000 Bonus to Global Workforce Amid AI Demand Surge
ASML Holding NV has announced a one-time bonus of €20,000 for its approximately 45,000 employees globally due to increased demand driven by artificial intelligence. This decision reflects a broader trend in the semiconductor industry as companies respond to record sales attributed to AI technology. In the long term, this move may lead to similar compensation strategies across the sector to retain talent and motivate employees.
3 sourcesJul 20
- Business· World
Apple engages in settlement talks with US DOJ over antitrust lawsuit
Apple Inc. is currently in discussions with the US Department of Justice to settle a 2024 antitrust lawsuit alleging violations of competition laws related to its iPhone ecosystem. These negotiations are taking place as Apple has made multiple settlement offers this year, although there is no guarantee of a resolution. The outcome of these talks could significantly reshape Apple's business practices and influence future regulatory scrutiny in the tech industry.
3 sourcesJul 20
- Crypto· World
Bitcoin price drops below $63,000 amid U.S. airstrikes in Iran
Bitcoin's price has fallen below $63,000 following U.S. airstrikes targeting six bridges in southern Iran. The immediate trigger for this decline is the escalating geopolitical tensions resulting from these military actions. In the long term, market participants are likely to monitor geopolitical developments closely, which could influence Bitcoin's price stability and potential recovery.
3 sourcesJul 20
- Business· World
General Compute secures $400 million loan backed by inference chips
General Compute has obtained a $400 million loan from Upper90, marking the first use of inference-specific chips as collateral in AI infrastructure financing. This significant shift is driven by the increasing demand for specialized AI technologies, moving away from traditional GPU-backed financing models. The long-term implication is a potential redefinition of investment strategies in the AI sector, focusing on innovative financing solutions for specialized chip technologies.
3 sourcesJul 20
- Crypto· World
Florida man arrested for $220,000 cryptocurrency theft via malware in fake Steam games
Zyaire Wilkins, a 21-year-old from Florida, was arrested for allegedly stealing over $220,000 in cryptocurrency through a malware scheme embedded in fake Steam games. The scheme, which infected around 8,000 devices over two years, was uncovered by federal authorities. This incident highlights the increasing threat of cybercrime in the gaming industry and may lead to stronger security measures to protect users in the future.
4 sourcesJul 20