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- Economy· World
Gold prices decline to seven-month low amid rising Treasury yields and U.S.-Iran tensions
Gold prices have fallen to near a seven-month low, dropping 1% to $3,969.03 per ounce. This decline is driven by rising Treasury yields and renewed geopolitical tensions between the U.S. and Iran, which have heightened inflation concerns. As traders monitor economic indicators and geopolitical developments, further volatility in the gold market is anticipated in the coming weeks.
4 sources4d ago
- Economy· World
BIS Warns of Financial Stability Risks from AI Investment Surge
The Bank for International Settlements has issued a warning regarding the financial stability risks posed by the current surge in AI investments. This caution comes as the sector is projected to attract $1 trillion in funding, raising concerns of a potential market correction akin to historical investment busts. Stakeholders are urged to assess the sustainability of AI investments to prevent a financial downturn in the future.
3 sources4d ago
- Business· World
Luxshare Precision Industry launches $3.1 billion Hong Kong listing amid trend of Chinese firms seeking international capital
Luxshare Precision Industry has initiated its Hong Kong listing process, aiming to raise approximately $3.1 billion, marking the largest share debut in the city this year. This move is driven by a broader trend of Chinese companies looking to access international markets for enhanced investment opportunities. The successful completion of this listing could pave the way for more Chinese firms to pursue similar international listings, potentially reshaping global tech investment dynamics.
3 sources4d ago
- Business· World
Maersk Raises 2026 Profit Guidance Amid Strong Container Demand
Maersk has upgraded its profit guidance for 2026 due to robust demand in the container market and rising freight rates. This adjustment is triggered by American companies stockpiling goods in anticipation of new tariffs, which is driving increased demand for shipping services. The long-term implication suggests that the shipping industry may continue to experience growth as trade dynamics evolve and tariffs influence inventory strategies.
3 sources4d ago
- Business· World
Concentrix shares plunge 25% after disappointing earnings while AeroVironment stock rises
Concentrix's shares fell over 25% following a Q2 earnings miss and a reduction in its full-year revenue and earnings forecasts. This decline is triggered by investor concerns over the company's future performance amidst weak guidance. In contrast, AeroVironment's strong earnings report suggests it may continue to thrive in the defense sector, highlighting a divergence in market fortunes for these companies.
3 sources4d ago
- Economy· World
S&P 500 and Nasdaq set for best quarterly gains since 2020 amid easing geopolitical tensions
Major stock indices, including the S&P 500 and Nasdaq, are on track for their strongest quarterly performances since 2020. This surge is driven by a recent truce in the Middle East, which has restored investor confidence and reduced market volatility. If geopolitical tensions continue to stabilize, markets are likely to attract further investment and experience sustained growth.
3 sources4d ago
- Economy· World
U.S. private sector job growth slows to 98,000 in June
Private employers in the U.S. added only 98,000 jobs in June, falling short of the expected 120,000. This slowdown in job growth is attributed to broader concerns about the health of the labor market. As a result, economists will closely monitor future employment reports for potential impacts on economic growth and monetary policy.
4 sources4d ago
- Economy· World
ECB President Lagarde Signals Balanced Risks for Euro Area Inflation and Growth
European Central Bank President Christine Lagarde announced that the risks to inflation and growth in the euro area have become more balanced. This shift in outlook was highlighted during the ECB's annual retreat in Sintra, Portugal, indicating improved economic conditions. As a result, the ECB may consider adjusting its monetary policy to support continued economic resilience in the euro zone.
3 sources4d ago
- Business· World
Alphabet Inc. joins Dow Jones Industrial Average contributing to record high
Alphabet has officially been added to the Dow Jones Industrial Average, marking a significant milestone for both the company and the index. This inclusion has triggered a surge in investor confidence, leading the Dow to surpass 52,000 points for the first time. In the long term, Alphabet's presence in the index is likely to bolster the tech sector's influence on market trends and performance.
3 sources4d ago
- Economy· World
Japanese yen weakens to historic lows against the dollar
The Japanese yen has fallen to its weakest level against the dollar since December 1986, raising concerns among investors. This decline is attributed to market pressures and investor fears of a potential drop to 200 yen per dollar. If this threshold is reached, it could destabilize global markets and challenge existing monetary policies, impacting various asset classes including cryptocurrencies.
3 sources4d ago
- Business· World
ACCC sues Amazon over Prime Video ad introduction without subscriber notification
Australia's ACCC has filed a lawsuit against Amazon for introducing ads to its Prime Video service under allegedly unfair contract terms. This legal action is prompted by concerns over consumer rights and transparency, affecting over a million subscribers who were not notified of the changes. The outcome could set a precedent for how subscription services communicate significant changes to their users in the future.
5 sources4d ago
- Business· World
British American Tobacco announces 9,000 job cuts to enhance AI capabilities
British American Tobacco has revealed plans to cut approximately 9,000 jobs, which constitutes about 20% of its workforce. This decision is driven by the company's strategy to reduce costs and transition towards a more technology-enabled and AI-focused operational model. In the long term, these changes may significantly reshape BAT's operational landscape and its approach to market competition.
6 sources4d ago
- Crypto· World
Trump Reports Over $1 Billion in Cryptocurrency Income Amid Controversy
President Trump disclosed more than $1 billion in income from cryptocurrency ventures in his latest financial filings. This revelation has triggered accusations of corruption from Democrats, highlighting the stark contrast between Trump's financial success and the losses suffered by many crypto investors. The long-term implications may influence future regulatory discussions and investor confidence in the cryptocurrency market.
5 sources4d ago
- Economy· MENA
Saudi Arabia activates 146 million square meters of undeveloped land in Eastern Province
The Saudi Ministry of Municipal and Rural Affairs has announced the development or trading of approximately 146 million square meters of undeveloped land in the Eastern Province. This initiative is a direct result of the implementation of the white land tax system, which aims to combat land stagnation and promote urban development. Long-term, this move is expected to significantly reshape the real estate market in Saudi Arabia, enhancing urban planning and infrastructure.
4 sources5d ago
- Economy· World
Gold prices decline as U.S.-Iran military tensions escalate
Gold prices have fallen due to intensified military strikes between the U.S. and Iran. The immediate trigger for this decline is the disruption in the Gulf region, which has raised concerns over supply routes and market stability. In the long term, ongoing military actions are likely to continue influencing commodity prices, particularly for gold and oil, as investors react to geopolitical instability.
3 sources5d ago
- Economy· MENA
Saudi Arabia's trade surplus reaches SAR 90.5 billion in Q1 2026
Saudi Arabia's trade balance recorded a surplus of SAR 90.5 billion in Q1 2026. This significant increase is driven by strong demand from Asian countries, particularly China, reflecting a robust performance in exports and re-exports. The long-term implication suggests an optimistic outlook for Saudi Arabia's economy as it continues to strengthen its global trade relationships.
4 sources5d ago
- Economy· World
Oil prices rise amid renewed US-Iran military tensions
Oil prices have increased following military exchanges between the US and Iran. This escalation has reignited fears regarding the security of oil shipments through the Strait of Hormuz. The long-term implication is likely continued volatility in oil prices, impacting global markets and investor sentiment towards commodities like gold and the US dollar.
3 sources5d ago
- Business· UAE
Etihad Rail launches first passenger train service in the UAE
Etihad Rail has commenced its first passenger train service in the UAE, marking a significant advancement in the country's transportation infrastructure. The immediate trigger for this launch is the strong public interest, evidenced by over 10,000 tickets sold prior to the inaugural trip. This development is expected to enhance connectivity across the UAE, potentially boosting economic activity and tourism in the region.
3 sources5d ago
- Business· UAE
Etihad Rail introduces new passenger regulations allowing pets while banning e-scooters and e-bikes
Etihad Rail has announced new regulations for its passenger service, permitting domestic pets on board while prohibiting e-scooters and e-bikes. This decision is aimed at enhancing passenger safety and comfort as the service prepares to transform travel in the UAE. The long-term implication is that as the rail network evolves, further adjustments to regulations and services are expected to meet passenger needs.
4 sources5d ago
- Economy· MENA
Saudi Arabia raises Saudization rate for engineering jobs to 30%
Saudi Arabia has implemented a new policy to increase the Saudization rate in engineering professions to 30% in the private sector, effective June 30, 2026. This initiative is triggered by the government's broader efforts to empower local talent and align with Vision 2030 goals. The long-term implication is expected to be an increase in job opportunities for Saudi engineers and enhanced quality of engineering services in the country.
6 sources5d ago