
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
8486 stories- Business· World
Rivian Automotive announces $1.5 billion stock offering amid stock price decline
Rivian Automotive Inc. has initiated a stock offering of 75 million shares priced at $15.50 each to raise funds for a US Department of Energy loan. The immediate market reaction has been negative, with Rivian's stock price dropping over 10% following the announcement. Long-term, the company's ability to stabilize its stock price and fulfill loan obligations will be critical for maintaining investor confidence in the competitive electric vehicle market.
3 sourcesJul 9
- Economy· World
Gold prices decline as traders await Federal Reserve meeting minutes
Gold prices fell more than 1% as market participants anticipated the Federal Reserve's meeting minutes. This decline is driven by a strengthening dollar and fluctuating oil prices, creating uncertainty in the market. Investors are likely to shift their focus towards safe-haven assets and closely analyze the Fed's guidance on future monetary policy.
3 sourcesJul 9
- Economy· World
Russia bans diesel exports amid Ukrainian drone attacks on refineries
Russia has enacted a ban on diesel exports to secure domestic supply following intensified Ukrainian drone strikes on its oil refineries. This decision has led to a significant surge in international diesel prices, marking the largest daily gains in diesel futures in four years. The long-term implication may result in further volatility in global fuel markets as countries adjust to the new supply constraints.
3 sourcesJul 9
- Business· World
Levi Strauss Raises Revenue Growth Guidance Amid Stock Decline
Levi Strauss has increased its fiscal-year revenue growth forecast to between 7% and 7.5%, despite a 5% drop in stock price following a quarterly earnings report. The immediate cause of this stock decline stems from investor skepticism regarding the company's full-year earnings guidance, despite beating Q2 earnings expectations. In the long term, maintaining investor confidence will be crucial for Levi Strauss as it navigates market challenges and adapts its business strategy.
3 sourcesJul 9
- Economy· World
OPEC+ increases oil production by 188,000 barrels per day to stabilize market
OPEC+ has announced an increase in oil production by 188,000 barrels per day to address declining oil prices. This decision is triggered by recent supply disruptions caused by geopolitical tensions, particularly the ongoing Iran war. In the long term, this move is expected to stabilize oil prices and ensure a steady supply amidst ongoing market challenges.
3 sourcesJul 9
- Economy· World
Gold prices stabilize near two-week highs amid U.S. employment data
Gold prices have closed at $4,184.75 per ounce, marking a weekly gain of approximately 2.4%. This shift follows a disappointing U.S. jobs report that has raised expectations for a less aggressive Federal Reserve stance on interest rates. As investors seek stability in uncertain economic conditions, gold is poised for potential growth with predictions of prices exceeding $5,000 by year-end if interest rates are lowered.
3 sourcesJul 8
- Business· UAE
Dubai Customs and Emirates SkyCargo Launch Integrated Logistics System to Enhance Supply Chain Resilience
Dubai Customs and Emirates SkyCargo have established a logistics bridge to facilitate the uninterrupted flow of essential supplies, particularly food and medicines, amid regional challenges. This initiative has been triggered by a significant increase in cargo volumes, which rose by over 82% from January to May 2026. Long-term, this development positions Dubai to further strengthen its logistics capabilities and maintain its status as a global trade hub through continued investment in smart solutions.
3 sourcesJul 8
- Economy· MENA
Saudi Arabia launches $500 million investment fund amid rising foreign direct investment
Saudi Arabia has announced the launch of a $500 million investment fund to attract foreign investors, coinciding with a reported increase in foreign direct investment inflows to SR26.6 billion in Q1 2026. This initiative is driven by the Kingdom's ongoing economic reforms and a strengthening labor market, which has seen a decrease in unemployment among Saudi nationals. The long-term implication is that these efforts may further enhance Saudi Arabia's attractiveness as a global investment destination, potentially stimulating sustained economic growth and diversification.
3 sourcesJul 8
- Economy· MENA
Global Investor Confidence in GCC Economic Outlook Remains Strong
A recent survey indicates that 82% of international investors are optimistic about the economic future of Gulf Cooperation Council countries. This confidence is driven by the region's growth prospects and resilience despite ongoing geopolitical tensions. In the long term, this sentiment may lead to increased foreign investment and economic importance for the Gulf region over the next five years.
3 sourcesJul 8
- Economy· MENA
Saudi Arabia's non-oil private sector growth accelerates in June
The Purchasing Managers' Index for Saudi Arabia's non-oil sector rose to 53.3 in June, indicating robust growth. This expansion is driven by increased domestic demand and a surge in new orders, alongside improved investor confidence due to reduced geopolitical tensions. The long-term outlook suggests continued resilience in the non-oil sector, bolstered by domestic spending and potential stabilization in regional markets.
5 sourcesJul 8
- Economy· World
South Korea to Launch Future Fund from Semiconductor Tax Revenues
South Korea is establishing a future fund financed by tax revenues from its semiconductor industry. This initiative is being implemented now due to the rapid growth of the semiconductor sector and the government's commitment to long-term economic development. The fund is expected to significantly influence South Korea's economic landscape and support future generations through strategic investments.
3 sourcesJul 8
- Crypto· World
South Africa's tax authority proposes new cryptocurrency tax guidance and audits millions of users
The South African Revenue Service has proposed draft guidance on the taxation of cryptocurrencies and announced an audit of approximately 6 million crypto users. This initiative is driven by the need for regulatory clarity and compliance in the rapidly evolving crypto landscape. Long-term, this move may lead to increased scrutiny and compliance requirements for crypto users in South Africa, influencing their trading and investment strategies.
3 sourcesJul 8
- Crypto· World
Bitmine Immersion Technologies expands Ethereum holdings by 42,197 ETH amid contrasting strategies in crypto treasury management
Bitmine Immersion Technologies has acquired an additional 42,197 ETH, increasing its total Ethereum treasury to 5.74 million tokens. This strategic move comes as the company seeks to capitalize on improving regulatory clarity, contrasting with Strategy's recent liquidation of Bitcoin assets to meet financial obligations. The divergent approaches may influence future asset management strategies within the cryptocurrency sector as firms adapt to market conditions.
6 sourcesJul 8
- Crypto· World
Hyperliquid achieves record ETF inflows amidst traditional crypto market downturn
Hyperliquid has reached an all-time high with $112 million in weekly ETF inflows while major Bitcoin and Ethereum ETFs face significant withdrawals. This surge in interest is driven by growing institutional demand for diversified crypto exposure as traditional products lose $6.5 billion. The ongoing success of Hyperliquid may indicate a shift towards decentralized finance, potentially reshaping market dynamics in the cryptocurrency sector.
3 sourcesJul 8
- Crypto· World
Bitcoin price stabilizes below $64,000 amid mixed market signals
Bitcoin's price has stabilized around $63,100 after a recent rebound from a peak of $64,500. This shift is driven by softer U.S. jobs data raising hopes for Federal Reserve rate cuts, alongside concerns about declining open interest and weak spot demand. The long-term implication suggests that traders will closely monitor economic indicators and geopolitical developments to gauge Bitcoin's future movements.
3 sourcesJul 8
- Crypto· World
Senator Lummis Advocates for Clarity Act to Regulate Cryptocurrency in the U.S.
Senator Lummis is pushing for the Clarity Act, which aims to provide regulatory clarity for cryptocurrencies in the U.S. The urgency to pass this legislation is heightened by the approaching midterm elections. If successful, the Act could significantly enhance the U.S.'s leadership in the global cryptocurrency market.
3 sourcesJul 8
- Business· World
Foxconn reports 39.8% revenue growth driven by AI demand amid geopolitical concerns
Foxconn's quarterly sales surged by 39.8% year-over-year, largely due to the growing demand for AI infrastructure. This significant increase is occurring now as the technology sector rapidly shifts towards AI and cloud services. In the long term, Foxconn's growth will depend on its ability to navigate potential geopolitical risks that could disrupt its supply chains.
4 sourcesJul 8
- Business· World
Genesis Minerals bids $3.9 billion for Vault Minerals challenging Regis Resources agreement
Genesis Minerals has launched a $3.9 billion bid for Vault Minerals, marking a significant shift in the Australian gold mining sector. This move comes as Vault Minerals had previously agreed to merge with Regis Resources, intensifying competition in the industry. The outcome of this bidding war could reshape future gold mining investments in Australia and influence market strategies moving forward.
3 sourcesJul 8
- Business· World
Bending Spoons IPO on NASDAQ Achieves $25.7 Billion Valuation
Bending Spoons has successfully completed its IPO on NASDAQ, achieving a valuation of $25.7 billion. This significant milestone is driven by strong investor interest, as evidenced by a 40% surge in share price on its debut. The company's focus on strategic acquisitions rather than emerging technologies may influence future investment trends in the tech industry.
4 sourcesJul 8
- Economy· World
Gold prices surge to two-week high amid easing inflation concerns
Gold futures have reached their highest level since June 22, driven by softer US jobs data and reduced expectations for interest rate hikes. This shift in market sentiment is occurring as investors respond to changing economic indicators that favor precious metals. Long-term, the outlook for gold remains positive as inflation concerns persist and interest rate hikes are kept at bay, prompting continued investment in the sector.
3 sourcesJul 8