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- Economy· MENA
Persian Gulf oil producers increase output amid market surplus
Oil production in the Persian Gulf is rising significantly, contributing to a surplus that is affecting global prices. This increase is driven by OPEC Plus's commitment to boost output and the restoration of oil flow rates in the UAE. The long-term implication is intensified competition among Gulf producers, likely leading to sustained downward pressure on oil prices and potential geopolitical ramifications in the region.
3 sourcesJul 8
- Business· World
Amazon plans $25 billion bond issuance amid declining interest in AI-related debt
Amazon has announced plans to issue $25 billion in bonds as investor enthusiasm for AI-related debt diminishes. This shift is occurring now due to growing fatigue among investors following a previous successful bond sale earlier this year. The long-term implication may lead to more cautious investment strategies in the tech sector and impact broader tech investments and cryptocurrency valuations.
3 sourcesJul 8
- Economy· World
OPEC+ increases oil production quotas amid market oversupply concerns
OPEC+ has approved a further increase in oil output targets for August as Gulf oil flows rebound. This decision comes as oil prices have dropped to five-month lows, raising fears of a potential global oil glut. The ongoing adjustments in production levels will be crucial in shaping future oil prices and market stability.
6 sourcesJul 8
- Economy· World
Oil prices spike after tanker attacks in the Strait of Hormuz
Two tankers were reportedly hit by projectiles in the Strait of Hormuz, leading to a spike in oil prices. The U.S. revoked Iran's oil sales authorization in response to these attacks, escalating regional tensions. As the situation develops, further disruptions in oil supply and price fluctuations are likely, impacting global energy markets.
6 sourcesJul 7
- Economy· MENA
Egypt to receive €1.5 billion to €1.72 billion financial aid from EU
Egypt is set to receive a significant financial assistance package from the European Union within days. This funding is being provided to support Egypt's economy amid ongoing economic challenges. The long-term implication is that this aid could play a crucial role in stabilizing Egypt's financial situation and may lead to further EU support initiatives in the future.
3 sourcesJul 7
- Business· UAE
Dubai RTA closes bus and taxi access road at Dubai Mall Metro Station until 2026
The Roads and Transport Authority in Dubai has announced the closure of the bus and taxi access road at the Dubai Mall Metro Station, effective immediately and lasting until the end of 2026. This decision is part of ongoing infrastructure improvements in the area surrounding the Burj Khalifa, a major tourist attraction. The long-term implication includes potential traffic congestion and the need for alternative transport solutions for commuters and tourists visiting the area.
3 sourcesJul 7
- Business· UAE
ADNOC launches global LNG trading platform to enhance market presence
ADNOC has launched a new global liquefied natural gas trading platform in Abu Dhabi. This initiative is driven by the company's strategy to optimize its LNG operations and meet rising global energy demand. The long-term implication is that this platform will solidify Abu Dhabi's position as a key player in the global energy market, targeting 47 million tonnes per annum by 2035.
3 sourcesJul 7
- Business· UAE
Etihad Rail introduces new fines schedule to enhance passenger safety
Etihad Rail has implemented a fines schedule targeting passenger misconduct to improve safety and comfort on its trains and at stations. This initiative is triggered by a need to address disruptive behavior and protect passengers and staff. Long-term, the effectiveness of these fines will be monitored to assess their impact on passenger conduct and overall safety in the rail network.
4 sourcesJul 7
- Business· UAE
ADCB Restores Banking Services After Four-Day Outage
Abu Dhabi Commercial Bank has successfully restored its banking services following a four-day disruption that affected mobile banking and other functionalities. The immediate cause of the outage was acknowledged by the bank, which took full responsibility for the service failures. Moving forward, ADCB is likely to enhance its systems to prevent future disruptions and maintain customer trust.
4 sourcesJul 7
- Crypto· World
Revolut to Delist Tether's USDT Amid Regulatory Scrutiny
Revolut has announced it will remove Tether's USDT from its platform by August 31, 2026. This decision is driven by new European Union regulations under the Markets in Crypto-Assets framework, reflecting heightened regulatory scrutiny in the cryptocurrency market. The long-term implication is that fintech companies may continue to adjust their cryptocurrency offerings in response to evolving regulations, potentially leading to further delistings across the industry.
3 sourcesJul 7
- Crypto· UAE
UAE Central Bank Approves Dirham-Backed Stablecoin DDSC for Trading
The Central Bank of the UAE has granted a no-objection certificate for the dirham-backed stablecoin DDSC to be listed on regulated exchange platforms. This approval is part of the UAE's broader strategy to enhance its financial technology sector and integrate digital currencies into its economy. The successful implementation of DDSC may lead to increased adoption of digital currencies and further innovations in the UAE's fintech landscape.
3 sourcesJul 7
- Crypto· World
Dave Portnoy Commits to Holding Bitcoin Investment Despite 37% Loss
Dave Portnoy has publicly declared his intention to hold his Bitcoin investment, which is currently down 37% after a purchase near $100,000. This decision comes amid a volatile cryptocurrency market and reflects his strong conviction in long-term holding strategies. Portnoy's stance may influence other investors to reconsider their strategies in the face of market downturns.
3 sourcesJul 7
- Crypto· World
U.S. spot Bitcoin ETFs see $221.7 million in net inflows ending 10-day outflow streak
U.S. spot Bitcoin ETFs recorded $221.7 million in net inflows, marking a significant recovery after a prolonged period of outflows. This resurgence is driven by easing economic concerns and improved market sentiment following softer U.S. economic data. The long-term implication suggests a potential stabilization in the cryptocurrency market, attracting renewed interest from institutional investors.
3 sourcesJul 7
- Business· World
India to Expand Oil Refining Capacity Amid Western Shutdowns
India has announced plans to build new crude oil refineries to enhance its supply chain security. This decision comes as Western nations are closing their oil processing units, prompting India to secure its energy supply amidst global shifts. The long-term implication is that India's expansion could position it as a key player in the global energy market, especially as other nations reduce their refining operations.
3 sourcesJul 7
- Crypto· World
DZ Bank launches cryptocurrency trading for millions of retail customers in Germany
DZ Bank has begun offering cryptocurrency trading through local cooperative banks in Germany. This initiative is driven by the need to enhance digital asset accessibility and aligns with the upcoming MiCA regulations aimed at standardizing crypto services across the EU. The long-term implication is that this move may prompt other European banks to adopt similar cryptocurrency services, potentially reshaping the financial landscape in Europe.
3 sourcesJul 7
- Business· World
Continental sells ContiTech business to Lone Star Funds for €4 billion
Continental has agreed to sell its ContiTech unit to Lone Star Funds for approximately €4 billion. This strategic move is aimed at reducing debt and enhancing shareholder value amidst a competitive market landscape. The long-term implication may involve further restructuring efforts within Continental as it focuses on its core operations.
3 sourcesJul 7
- Business· World
SpaceX to Join Nasdaq-100 Index in 2026 Following Record IPO
SpaceX will officially enter the Nasdaq-100 Index on July 7, 2026, following its significant IPO. This inclusion is expected to trigger approximately $4.3 billion in passive fund buying, as investment funds automatically acquire shares. The long-term implication is that SpaceX's performance will be closely monitored as it navigates its first earnings report and the upcoming lockup expiry, impacting investor sentiment and market dynamics.
5 sourcesJul 7
- Business· World
Fincantieri acquires majority stakes in four underwater technology firms boosting share price
Fincantieri SpA has announced the acquisition of majority stakes in four underwater technology companies, resulting in a share price increase of over 11%. This strategic expansion is driven by a growing demand for military capabilities in Europe, particularly in the underwater technology sector. The long-term implication is that Fincantieri is positioning itself for significant growth opportunities in the defense industry amid increasing military investments across the region.
3 sourcesJul 7
- Business· World
Tim Steiner to step down as CEO of Ocado by 2028
Tim Steiner has announced his intention to resign as CEO of Ocado by early 2028 as part of a planned leadership transition. This decision comes amid ongoing challenges and a decline in the company's stock value, prompting a strategic refresh aimed at revitalizing growth in the U.S. market. The leadership change is expected to lead to a renewed focus on strategic decisions and the announcement of a successor to navigate Ocado's future direction.
3 sourcesJul 7
- Economy· World
Gold prices rise over 1% as market sentiment shifts following weak U.S. employment data
Gold is on track to record its first weekly gain in five weeks. This increase is driven by reduced expectations for an interest rate hike by the U.S. Federal Reserve after disappointing employment figures. As economic indicators fluctuate, gold may remain an attractive investment option amidst ongoing market uncertainties.
4 sourcesJul 6