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· UAE
UAE property market shifts towards data-driven decision-making as buyer-seller dynamics evolve
The UAE property market is experiencing a significant shift as the price gap between buyers and sellers narrows by 30%. This change is triggered by a growing trend of potential homebuyers opting to rent due to high property prices, raising concerns about the sustainability of Dubai's property boom. In the long term, stakeholders will need to adapt to these evolving buyer behaviors and focus on data and intent to navigate future market challenges.
3 sources4d ago
- Business· World
Consulting firms shift from hourly billing to outcome-based pricing models due to AI impact
Consulting firms are transitioning away from traditional hourly billing towards fixed-fee and outcome-based pricing models. This shift is driven by client demands for shared risk in AI integration, prompting firms like Deloitte and McKinsey to innovate their pricing strategies. Long-term, this evolution may redefine the consulting industry's value propositions and operational strategies as firms adapt to a rapidly changing landscape influenced by AI technologies.
3 sources4d ago
- Business· World
8090 AI coding startup raises $135 million in Series A funding led by Salesforce Ventures
AI coding startup 8090 has raised $135 million in a Series A funding round. The funding is driven by increasing investor interest in AI-driven solutions for enterprise software development. This significant backing positions 8090 to potentially reshape the landscape of enterprise software reliability and development practices.
3 sources4d ago
- Business· World
Bernstein Reports Surge in Mergers and Acquisitions in Prediction Market Sector
Bernstein's recent report indicates a significant increase in mergers and acquisitions within the prediction market sector due to operators consolidating their trading infrastructure. This consolidation is occurring now as companies seek to enhance operational efficiencies and competitive positioning. The long-term implication is a transformed competitive landscape that may prompt regulatory scrutiny and reshape market dynamics.
3 sources4d ago
- Business· World
Class action lawsuit filed against Samsung, Micron, and SK Hynix for alleged DRAM price-fixing
A proposed class action lawsuit has been filed in California against major memory chip manufacturers Samsung, Micron, and SK Hynix, alleging collusion to inflate DRAM prices. This legal action is triggered by ongoing scrutiny of the semiconductor industry's pricing practices, particularly as demand for memory products rises. The long-term implications could reshape pricing dynamics in the semiconductor industry and impact consumer costs significantly.
3 sources4d ago
- Crypto· World
BitMEX undergoes major leadership overhaul amid potential sale discussions
BitMEX has removed its CEO, CFO, and head of growth as part of a significant leadership change. This restructuring is occurring now as the company navigates ongoing discussions about a potential sale of the cryptocurrency derivatives exchange. The long-term implication may involve a strategic pivot for BitMEX as it seeks to stabilize and redefine its market position under new leadership.
3 sources4d ago
- Crypto· World
BlackRock's iShares Bitcoin Trust Surpasses Fidelity in Bitcoin ETF Assets
BlackRock's iShares Bitcoin Trust has overtaken Fidelity in assets under management, marking a significant shift in the Bitcoin ETF market. This development is driven by increasing institutional interest in Bitcoin, reflecting a broader trend of adoption. The long-term implication suggests that the competitive landscape for Bitcoin ETFs will evolve, potentially impacting market liquidity and investor strategies.
3 sources4d ago
- Crypto· World
BNY Mellon expands Digital Asset Custody services to include USDC minting and redemption
BNY Mellon has announced the addition of USDC minting and redemption capabilities for institutional clients. This strategic move is driven by the growing demand for stablecoins and the bank's desire to enhance its role in the cryptocurrency market. In the long term, this expansion is likely to attract more institutional clients and further integrate digital assets into traditional finance.
4 sources4d ago
- Crypto· World
Bitmine increases Ethereum holdings to 5.7 million ETH with $43 million purchase
Bitmine has expanded its Ethereum treasury to 5.7 million ETH following a recent purchase of approximately $43 million. This strategic move is part of the company's goal to control 5% of Ethereum's circulating supply, coinciding with its recent inclusion in the Russell 1000 Index. As Bitmine continues to accumulate Ethereum, it may influence market dynamics and investor sentiment in the cryptocurrency landscape.
5 sources4d ago
- Crypto· MENA
Tether's USDT premium in India exceeds 8.5% amid regulatory supply constraints
Tether's USDT premium in India has surged to over 8.5%, more than double its usual level due to a supply squeeze and regulatory actions affecting crypto remittance firms. This significant increase reflects a demand-supply imbalance in the local cryptocurrency market at this specific moment. As regulatory scrutiny continues, the pricing of stablecoins like USDT may face further volatility, impacting investor confidence and market dynamics in India.
3 sources4d ago
- Business· World
Securitize to Go Public on NYSE Following SPAC Merger Approval
Securitize's SPAC merger with Cantor Equity Partners II has been approved, allowing the company to debut on the New York Stock Exchange on July 2, 2026. This significant milestone is driven by the growing investor confidence in the tokenization sector and Securitize's innovative business model. The long-term implication is that Securitize's public listing may encourage more companies in the tokenization space to pursue similar public offerings.
4 sources4d ago
- Crypto· World
Senate Faces Deadline to Vote on CLARITY Act for Cryptocurrency Regulation
The CLARITY Act is at a crucial juncture as it awaits a Senate vote before the August recess. Major investment banks are expressing skepticism about the bill's passage due to legislative hurdles and the upcoming midterm elections. If the Senate fails to act, the bill may not be revisited until 2027, prolonging uncertainty in the cryptocurrency market and delaying potential institutional adoption.
5 sources4d ago
- Crypto· World
David Schwartz proposes TxnReserve to combat front-running on XRP Ledger DEX
David Schwartz has introduced a transaction reservation system called TxnReserve to address concerns about front-running and sandwich attacks on the XRP Ledger decentralized exchange. This proposal comes in response to heightened discussions around these risks, which Schwartz believes may be overstated. If successful, TxnReserve could significantly enhance transaction security and reshape trading practices on the XRP Ledger.
4 sources4d ago
- Business· World
Momenta Global Ltd. launches IPO in Hong Kong aiming to raise $752 million
Momenta Global Ltd. has initiated its initial public offering in Hong Kong, seeking to raise approximately $752 million. This move is driven by a surge in interest in autonomous driving technology and the company's partnerships with major automotive brands. The successful IPO could significantly accelerate innovation in the autonomous driving sector and reshape urban mobility trends globally.
4 sources4d ago
- Business· World
Steel Industry Faces Electricity Competition from AI Data Centers
Steelmakers are warning of increased competition for electricity due to the rising demand from AI data centers. This shift is occurring as AI technology expands rapidly, leading to significant energy consumption and operational challenges. The long-term implication is that both sectors will need to innovate and collaborate on energy management to mitigate risks from climate change and resource scarcity.
3 sources4d ago
- Economy· World
China launches first overnight reverse repo operation injecting $44 billion into financial system
China has introduced its first overnight reverse repo operation at an interest rate of 1.25%, injecting $44 billion into the financial system. This move aims to enhance monetary policy precision and stabilize short-term liquidity in line with global practices. The long-term implication is that this could signal a shift in China's approach to managing liquidity and monetary policy, closely watched by global investors for signs of economic stability.
3 sources4d ago
- Economy· World
Spanish inflation remains above ECB target raising concerns over monetary policy adjustments
Spanish inflation has continued to exceed the European Central Bank's 2% target, prompting discussions about potential rate hikes. This situation is occurring now due to persistent inflationary pressures despite recent geopolitical developments that have lowered energy prices. Long-term, this could lead to significant shifts in ECB policy, impacting economic conditions across Europe and influencing cryptocurrency markets.
3 sources4d ago
- Economy· World
ECB President Lagarde Highlights Increased Economic Resilience in Europe
Christine Lagarde announced that the European banking system is becoming more resilient to external shocks. This shift is attributed to improvements in the financial framework and a focus on the green transition, emphasized during the ECB's annual retreat in Sintra, Portugal. The long-term implication may involve significant changes in monetary policy as Europe adapts to new economic challenges and prioritizes sustainability.
3 sources4d ago
- Economy· World
Oil prices rise to $73.15 per barrel amid US-Iran military clashes
Oil prices have increased following renewed military strikes between the US and Iran. This escalation in military engagement is occurring as diplomatic efforts are still underway to resolve tensions. The long-term implication is that ongoing geopolitical instability may continue to affect oil market stability and pricing strategies globally.
5 sources4d ago
- Economy· MENA
Egypt reaches preliminary agreement with IMF for $1.6 billion financing
Egypt and the IMF have reached a staff-level agreement that could unlock $1.6 billion in funding. This development is occurring as Egypt seeks to alleviate immediate financial pressures amid ongoing economic challenges. Long-term, the success of this deal hinges on Egypt's commitment to implementing necessary economic reforms to restore investor confidence and stabilize the economy.
5 sources4d ago