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
8502 stories- Economy· World
South Korea to Launch 24-Hour Trading for Won in 2026
South Korea has announced the implementation of 24-hour trading for its currency, the won, starting July 6, 2026. This decision is driven by a growing global interest in South Korea's economy and aims to enhance its financial competitiveness. The long-term implication is a potential elevation of South Korea's status in international financial indices, attracting more foreign investment.
3 sourcesJul 5
- Business· World
Switch Inc. initiates $2 billion funding round led by Andreessen Horowitz
Switch Inc. is seeking $2 billion in a funding round that could value the company at around $50 billion. This move is driven by strong investor confidence in the data center sector, particularly with a significant investment from Andreessen Horowitz. The successful completion of this funding round could enhance Switch's capabilities and market reach, positioning it for significant growth in the data center industry.
3 sourcesJul 5
- Business· World
SoftBank revives $10 billion loan talks backed by OpenAI stake
SoftBank has reopened discussions for a $10 billion loan secured against its stake in OpenAI, offering a personal guarantee to lenders. This strategic pivot aims to bolster lender confidence amid ongoing valuation concerns in the AI sector. The outcome of these negotiations could reshape AI investment financing and influence future lender strategies.
3 sourcesJul 5
- Economy· MENA
US Resumes Dollar Transfers to Iraq After Suspension
The United States has restarted dollar shipments to Iraq after a significant pause. This decision follows months of pressure on the Iraqi government to address economic challenges. The long-term implication is expected to be a stabilization of Iraq's economy and improved financial conditions for its citizens.
5 sourcesJul 5
- Business· World
Adani Enterprises and IHC Launch $11.5 Billion Aluminum Project in Odisha
Adani Enterprises and Abu Dhabi's International Holding Co. have signed a memorandum of understanding for an $11.5 billion aluminum project in Odisha, India. This investment is driven by Adani's strategy to expand its footprint in the metal sector and is expected to create approximately 53,500 jobs in the region. The long-term implication is a significant boost to India's industrial capabilities and attractiveness for foreign investments in infrastructure and manufacturing.
4 sourcesJul 5
- Business· World
KNDS Postpones IPO Amid European Defense Market Volatility
KNDS, a European tank manufacturer, has delayed its initial public offering due to ongoing market volatility in the defense sector. The decision comes as investor discussions revealed concerns about the stability of the European defense market at this time. Looking ahead, KNDS is positioned to resume its IPO process once market conditions improve, indicating potential future growth in the defense industry.
3 sourcesJul 5
- Business· World
Abivax raises $920 million through upsized stock offering following positive clinical trial results
Abivax's shares increased by 5% after the company announced an upsized stock offering that raised $920 million. This decision was triggered by positive outcomes from recent clinical trials, which have bolstered investor confidence. In the long term, this financial maneuver positions Abivax for potential growth and further advancements in the biotech sector.
3 sourcesJul 5
- Business· World
Bain Capital and LY Corporation Raise Bid for Kakaku.com to ¥670 Billion in Competitive Takeover Battle
Bain Capital and LY Corporation have increased their bid for Kakaku.com to ¥670 billion, intensifying the competition with EQT. This escalation is occurring as both firms seek to secure a strategic position in Japan's digital platform market. The ongoing bidding war may lead to further counter-offers and regulatory scrutiny in the sector.
3 sourcesJul 5
- Business· World
CSOP SK Hynix Leveraged ETF becomes largest single-stock leveraged ETF globally
The CSOP SK Hynix Leveraged ETF has surged to $13 billion, making it the largest single-stock leveraged ETF in the world. This rapid growth is driven by increased investor interest in AI-related stocks, amplifying market dynamics and volatility. The long-term implication is a potential regulatory response to manage the heightened volatility in the semiconductor sector and broader markets.
3 sourcesJul 5
- Business· World
Chanel acquires historic French shirtmaker Charvet to expand luxury offerings
Chanel has announced its acquisition of Charvet, the oldest shirtmaker in France, marking a significant expansion in its luxury fashion portfolio. This strategic move comes as Chanel seeks to diversify its product range beyond handbags, following a successful collaboration with Charvet. The long-term implication may involve innovative product launches that could reshape Chanel's market strategy and appeal to a broader customer base.
4 sourcesJul 5
- Economy· World
US job growth slows as unemployment rate decreases to 4.2%
US job growth has slowed in June, with the unemployment rate falling to 4.2%. This trend may influence Federal Reserve decisions regarding interest rates, particularly in the context of risk assets like cryptocurrencies. As the labor market evolves, the Federal Reserve's response will be crucial in shaping economic conditions and market dynamics, particularly for risk assets.
3 sourcesJul 5
- Business· World
Tesla's stock drops 8% despite record vehicle deliveries in Q2 2026
Tesla's stock fell by 8% following the announcement of delivering 480,126 vehicles in Q2 2026, which exceeded analysts' expectations. The immediate cause of this decline appears to be investor skepticism regarding the company's future performance despite strong delivery numbers. This situation may lead to increased volatility in Tesla's stock as investors reassess their reactions to the company's operational successes.
3 sourcesJul 5
- Business· World
Tesla reports 25% sales increase in Q2 2026 driven by price cuts and European demand
Tesla's sales surged by 25% in Q2 2026, delivering over 480,000 electric vehicles globally. This growth was triggered by strategic price reductions and a remarkable 77% increase in sales within the European market. Looking ahead, Tesla's ongoing expansion and pricing strategies are likely to sustain its growth trajectory in the electric vehicle sector, particularly in Europe and emerging markets.
4 sourcesJul 5
- Business· World
Invesco Critiques SpaceX's First Bond Sale Performance
Invesco's head of North American investment-grade credit, Matt Brill, has publicly criticized the performance of SpaceX's inaugural bond sale, labeling its secondary market performance as 'very sloppy.' This criticism arises as SpaceX seeks to establish itself in the bond market, highlighting immediate concerns about investor confidence. The long-term implication may involve SpaceX reassessing its financing strategies to regain investor trust and improve future bond offerings.
3 sourcesJul 5
- Business· World
Crusoe seeks $3 billion funding to triple valuation amid rising AI demand
Crusoe is negotiating a funding round of approximately $3 billion that could increase its valuation from $10 billion to around $30 billion. This surge in interest is driven by the growing demand for AI computing resources, particularly from major clients like Meta and Oracle. If successful, this funding could solidify Crusoe's position as a leading player in the AI infrastructure market.
4 sourcesJul 5
- Business· World
JPMorgan Chase ordered to pay legal fees of convicted fraudster Charlie Javice
A Delaware judge has ruled that JPMorgan Chase must continue to pay the legal fees of Charlie Javice, who was convicted of defrauding the bank. This ruling comes as the bank failed to prove that her legal expenses, which have reached $144.2 million, were excessive. The long-term implication may set a precedent for corporate legal fee agreements in similar fraud cases.
4 sourcesJul 5
- Business· World
Tesla reports 25% increase in Q2 vehicle deliveries driven by European and Chinese demand
Tesla's vehicle deliveries for Q2 2026 have surged by 25% year-over-year, primarily due to strong demand in Europe and China. This increase comes at a time when U.S. sales are declining following the expiration of electric vehicle tax credits. The long-term implication suggests that Tesla may continue to focus on international markets to sustain growth amidst challenges in the U.S.
3 sourcesJul 5
- Economy· World
South Korean stocks rebound 6% following semiconductor selloff
South Korean stocks have rebounded by 6% after experiencing a nearly 10% drop linked to a selloff in chip stocks. This volatility is driven by investor concerns regarding the sustainability of the recent AI-driven market rally, particularly in the semiconductor sector. As market participants assess the implications of these fluctuations, continued scrutiny on the semiconductor industry is expected to influence future stock performance.
3 sourcesJul 5
- Business· UAE
UAE oil exports reach highest levels since 2017 following OPEC exit
UAE oil exports have surged to their highest levels since 2017 as pre-war flows resume. This increase is driven by the UAE's strategic decision to leave OPEC, allowing for greater flexibility in its oil production policies. As the UAE continues to boost its oil exports, it may reshape its role in the global oil market, influencing pricing and production strategies among other oil-producing nations.
5 sourcesJul 5
- Business· World
SK Hynix plans major ADR offering with significant fee payout to banks
SK Hynix Inc. is preparing for a substantial American depositary receipt (ADR) offering, potentially one of the largest in history. This initiative is driven by the company's strategy to raise capital in the US market, with South Korean officials anticipating the associated currency flows. The successful execution of this offering could enhance SK Hynix's financial position and influence in the global semiconductor market.
3 sourcesJul 5