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
World Bank approves $1.1 billion loan package for Bangladesh to enhance food security
Bangladesh has secured a $1.1 billion financial package from the World Bank to address challenges in the global fertilizer market and improve food security. This funding comes as the country faces economic pressures due to rising fertilizer prices and market volatility, particularly influenced by events in the Middle East. The long-term implication is that this support may stabilize Bangladesh's economy and enhance its resilience against future market shocks.
3 sources6d ago
- Economy· World
Tech Companies Increase Stock Sales to Fund AI Investments Raising Debt Concerns
Tech giants are flooding the market with stock sales to finance AI spending, prompting worries about a looming debt crisis. This surge in stock sales is reminiscent of the dot-com boom, leading to fears of prolonged pressure on both bond and equity markets. The financial landscape may face significant changes as tech companies continue to navigate the challenges of funding their AI ambitions, potentially reshaping investor behavior and market stability.
3 sources6d ago
- Business· World
Verizon and BT form joint venture to enhance international telecommunications operations
Verizon Communications Inc. and BT Group Plc have established a 50:50 joint venture to bolster their international businesses. This partnership is driven by the need to improve cross-border connectivity and capitalize on shared resources, with an anticipated annual revenue of approximately $4 billion. The long-term implication is a strengthened competitive position in the global telecommunications market, despite Verizon's expected quarterly loss due to the deal.
5 sources6d ago
- Economy· World
Japanese yen reaches 40-year low against US dollar
The Japanese yen has fallen to its weakest level against the US dollar in 40 years. This depreciation is driven by ongoing economic pressures and has raised concerns about Japan's financial stability. In the long term, this situation may prompt intervention from Japanese authorities to stabilize the currency and prevent further economic decline.
3 sources6d ago
- Crypto· World
Strategy Approves Sale of $1.25 Billion in Bitcoin to Enhance Liquidity
Strategy has authorized the potential sale of up to $1.25 billion in Bitcoin under a revised capital management plan. This decision is driven by the need to bolster liquidity and support shareholder payouts amidst deteriorating market conditions. The long-term implication is a strategic pivot away from aggressive Bitcoin accumulation, potentially influencing market dynamics and investor sentiment in the cryptocurrency space.
4 sources6d ago
- Business· World
Ford Rehires 350 Engineers to Address AI Quality Control Failures
Ford has rehired 350 veteran engineers after finding that AI quality checks were inadequate. This decision reflects a broader trend of companies reassessing the role of AI in their operations. The automotive industry may see a shift towards integrating human expertise with AI technologies as companies navigate the complexities of quality assurance in manufacturing.
3 sources6d ago
- Economy· World
ECB Signals Shift to More Measured Interest Rate Adjustments Amid Economic Resilience
Christine Lagarde announced that the European Central Bank has greater flexibility in adjusting interest rates due to Europe's improved economic resilience. This shift is prompted by a strengthened financial framework and progress on the green transition, allowing for a less aggressive approach to inflation management. The long-term implication suggests that the ECB may adopt a more cautious stance on interest rate hikes, potentially stabilizing the economic environment in Europe.
3 sources6d ago
- Business· World
Strategy Implements Turnaround Plan Amid Falling Valuation
Strategy has announced a new capital framework to address its financial challenges, including stock buybacks and Bitcoin sales. This shift is triggered by the company's valuation dropping below its Bitcoin holdings, raising concerns about its financial model. Long-term, the effectiveness of these measures will be critical in restoring investor confidence and stabilizing the company's operations.
6 sources6d ago
- Crypto· World
Strategy Inc. shifts Bitcoin strategy by considering $1.25 billion sale
Strategy Inc. has announced plans to potentially sell up to $1.25 billion in Bitcoin, abandoning its previous stance of never selling. This shift is driven by significant financial pressure, with the company's treasury reportedly $13 billion underwater and its stock at a 16-month low. The long-term implication may signal a broader trend among crypto firms as they adapt to ongoing market challenges and investor sentiment shifts.
4 sources6d ago
- Crypto· World
ARK Investment Management invests $25.5 million in Coinbase amid tech stock decline
Cathie Wood's ARK Investment Management has purchased approximately $25.5 million in Coinbase shares while divesting from Twist Bioscience. This investment is driven by Wood's strategy to capitalize on the current downturn in tech stock prices, reflecting her confidence in the cryptocurrency sector's long-term potential. As ARK navigates the volatile market, its investment decisions will likely influence future trends in technology and cryptocurrency investments.
3 sources6d ago
- Economy· World
China's industrial profits rise 18.8% but show first signs of slowdown
China's industrial profits increased by 18.8% year-over-year for the January-May period, marking a significant economic activity. The slowdown in growth is attributed to weakening domestic demand despite strong export performance. This trend raises concerns about the sustainability of economic growth and may prompt government intervention to stimulate domestic consumption.
3 sources6d ago
- Crypto· World
UK FCA Implements New Regulations for Cryptocurrency Firms
The UK's Financial Conduct Authority has introduced new regulations requiring cryptocurrency firms to demonstrate financial resilience and hold capital against risky assets. This regulatory shift is prompted by the rapid growth and popularity of cryptocurrencies, necessitating increased oversight. Long-term, these regulations are expected to stabilize the UK crypto market while fostering innovation among compliant firms.
3 sources6d ago
- Business· UAE
UAE Implements Flexible Working Policies for Summer 2026
The UAE government has announced a four-day workweek in Dubai and reduced working hours in Ajman for the summer months. This initiative is aimed at enhancing family wellbeing and adapting to the extreme summer heat. The long-term implication may lead to a shift in work culture across the region as private sector companies consider similar arrangements.
4 sourcesJun 29
- Economy· UAE
Gold prices in the UAE decline for fourth consecutive week driving increased consumer demand
Gold prices in the UAE have fallen between 4.75 and 8 dirhams per gram, marking a significant decline over the past month. This drop is prompting consumers to purchase gold for both adornment and investment as they perceive current prices as an opportunity. As demand continues to rise, the gold market in the UAE is expected to recover further, driven by consumer confidence and purchasing activity.
3 sourcesJun 29
- Business· World
Swatch sues Samsung for $170 million over smartwatch trademark infringement
Swatch has initiated a lawsuit against Samsung in London, claiming $170 million in damages for trademark infringement related to digital watch faces. This legal action follows a previous ruling in 2022 where a British judge found Samsung liable for similar infringements, highlighting ongoing tensions in the smartwatch market. The outcome of this case could set a significant precedent for how luxury brands protect their intellectual property in the digital age.
3 sourcesJun 29
- Crypto· World
StablecoinX Launches on Nasdaq as USDE Amidst Significant Supply Reduction
StablecoinX has commenced trading on Nasdaq under the ticker USDE following its merger with TLGY. This launch is occurring now due to a dramatic 70% decrease in the circulating supply of its USDe stablecoin, reflecting current market volatility. The long-term implication is that StablecoinX's performance will be critical in shaping the future of the stablecoin market as it adapts to these challenges.
3 sourcesJun 29
- Crypto· World
Aave founder disputes claims of Payward negotiating discounted stake acquisition
Aave's founder Stani Kulechov has publicly refuted reports of Payward negotiating to acquire a 15% stake in Aave at a $385 million valuation. The immediate trigger for this dispute stems from Kulechov's assertion that the reports misrepresent the negotiation terms. This situation highlights the complexities of investment negotiations in the cryptocurrency sector, potentially affecting Aave's market position and investor confidence moving forward.
3 sourcesJun 29
- Crypto· World
BitGo announces 15% workforce reduction to pivot towards AI and stablecoin services
BitGo has implemented a 15% reduction in its workforce, affecting nearly 90 employees, as part of a strategic shift towards AI-powered infrastructure and stablecoin services. This decision comes shortly after the company's IPO, indicating a need to enhance focus on security, trading, and settlement. The long-term implication may set a precedent for other cryptocurrency firms to adopt similar strategies in response to evolving market demands.
3 sourcesJun 29
- Crypto· World
Tether's USDT Surpasses Ethereum in Market Capitalization Amid ETH Price Decline
Tether's USDT stablecoin briefly overtook Ethereum in market capitalization as ETH's price fell to approximately $1,500, marking a significant low. This shift is driven by a growing preference for stablecoins as investors seek liquidity and stability during market volatility. The long-term implication suggests that the cryptocurrency market may continue to favor stable assets, influencing trading strategies and market dynamics moving forward.
6 sourcesJun 29
- Crypto· World
ASIC Extends Licensing Deadline for Crypto Firms to September 2026
Australia's securities regulator, ASIC, has granted a three-month extension for crypto firms to apply for or vary their licenses, now due by September 30, 2026. This decision comes as ASIC aims to support the transition of digital asset businesses into the country's regulatory framework amid significant interest, with approximately 30 applications received. The long-term implication is a potentially more robust compliance environment for the crypto industry as firms adapt to new regulations.
3 sourcesJun 29