
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- Business· MENA
Oman Air launches daily flights from Muscat to Abu Dhabi starting July 9
Oman Air has announced the launch of a new daily flight service between Muscat and Abu Dhabi, effective July 9. This initiative is part of Oman Air's strategy to enhance its connectivity within the Gulf Cooperation Council (GCC) region. The long-term implication is expected to be an increase in tourism and business travel between Oman and the UAE, strengthening economic ties.
3 sourcesJun 28
- Business· UAE
Etihad Rail's inaugural passenger service sells 5,000 tickets in 48 hours
Etihad Rail has reported a remarkable demand for its first passenger train service, selling 5,000 tickets within just 48 hours of availability. This surge in interest is attributed to the launch of a new rail service aimed at enhancing connectivity across the UAE. The successful ticket sales indicate a promising future for rail travel in the region, potentially leading to further investments in the country's rail infrastructure.
3 sourcesJun 28 - Business· UAE
ADNOC Drilling Launches First AI-Enabled Walking Island Rig Ahead of Schedule
ADNOC Drilling has delivered the AD-300, its first AI-enabled walking island rig, nearly three months ahead of schedule. This early deployment is driven by ADNOC's strategic initiative to enhance operational efficiency and safety in offshore drilling. The successful launch positions ADNOC to significantly increase its production capacity and meet the growing global demand for energy solutions.
4 sourcesJun 28
- Business· UAE
KERNO Enterprises manufacturing facility inaugurated in Dubai Silicon Oasis
The KERNO Enterprises manufacturing unit was officially opened at Dubai Silicon Oasis. This event marks the first enterprise IT hardware production facility in the UAE, aligning with national goals for technological sovereignty and economic diversification. The establishment is expected to enhance Dubai's technological capabilities and attract further investments in advanced industries.
3 sourcesJun 28
- Business· UAE
Dubai launches new media platform to enhance global economic presence
The Dubai Media Council has announced the launch of 'Dubai Business', a new media platform aimed at showcasing the emirate's economic success. This initiative is triggered by Sheikh Ahmed bin Mohammed's approval as part of the Dubai Economic Agenda D33, which seeks to bolster the emirate's competitiveness. In the long term, this move is expected to attract more international attention and investment, reinforcing Dubai's status as a global economic powerhouse.
3 sourcesJun 28
- Economy· World
Silver prices drop over 10% amid inflation concerns and interest rate outlook
Silver prices fell by 10.62% over the past week, closing at $59.22 per ounce, while gold prices showed slight recovery. This decline is attributed to a weaker dollar and reduced expectations for interest rate hikes by the Federal Reserve, despite ongoing inflationary pressures. The long-term implication suggests that market participants will need to closely monitor inflation trends and Federal Reserve signals as they could significantly influence precious metal prices moving forward.
3 sourcesJun 28
- Economy· World
Launch of RAISE US nonprofit to retrain American workers amid AI job displacement
A new nonprofit organization named RAISE US has been established to assist American workers in adapting to job changes caused by artificial intelligence. The initiative, funded by major tech companies like OpenAI and Amazon, aims to address the urgent need for workforce retraining as AI technologies evolve. If successful, RAISE US could set a precedent for similar initiatives aimed at mitigating the impact of AI on employment in the future.
3 sourcesJun 28
- Business· World
Ford rehires 350 engineers after AI quality control failures
Ford has re-hired 350 engineers due to failures in AI-driven quality assurance. The company's initial belief that AI could replace human expertise in quality control has proven misguided, leading to significant quality issues. This situation underscores the importance of human oversight in engineering processes and may prompt a broader industry reassessment of AI applications in manufacturing.
3 sourcesJun 28
- Business· World
Polestar Denied U.S. Authorization to Sell Electric Vehicles from 2027
The U.S. government has denied Polestar's request for authorization to sell new electric vehicles starting from model year 2027. This decision is driven by new regulations targeting foreign manufacturers, particularly those linked to China, which affects Polestar due to its Chinese ownership. In the long term, this could force Polestar to reevaluate its market strategy and partnerships in the U.S. automotive landscape.
4 sourcesJun 28
- Crypto· World
MIM stablecoin depegs from dollar prompting emergency measures by Abracadabra
The MIM stablecoin has depegged from its dollar value, dropping to approximately $0.50 and raising liquidity concerns for the Abracadabra protocol. This situation has triggered Abracadabra to raise interest rates and pause incentives to stabilize the coin's value. The long-term implication may involve increased scrutiny of decentralized finance protocols and their mechanisms for maintaining stablecoin pegs.
4 sourcesJun 28
- Crypto· World
MemeCore's M token crashes 80% amid market manipulation concerns
MemeCore's M token experienced a significant crash, dropping from approximately $3 to around $0.50 within a single day. This decline was triggered by low trading volume and concentrated ownership, raising governance concerns and reviving claims of market manipulation. The long-term implication may involve increased regulatory scrutiny and a reevaluation of governance practices in the cryptocurrency market.
6 sourcesJun 28
- Crypto· World
Spark and Uniswap launch Stablecoin FX Layer with $150 million liquidity deployment
Spark and Uniswap have initiated the Stablecoin FX Layer, establishing a shared liquidity infrastructure for dollar-pegged stablecoins. This launch is driven by the increasing interest from financial institutions and fintechs in cryptocurrency trading. The long-term implication is a potential increase in market efficiency and participation from traditional finance in the digital currency ecosystem.
3 sourcesJun 28
- Crypto· World
Bitcoin price drops to $58,000 amid market sell-offs and weak demand
Bitcoin's price fell sharply to $58,000 after a sell-off from $61,000, marking its lowest level since September 2024. This decline is triggered by weak institutional demand and a recent $459 million ETF exodus, raising concerns about further losses. The long-term implication suggests traders should remain cautious as macroeconomic pressures may lead to additional volatility in the cryptocurrency market.
5 sourcesJun 28
- Crypto· World
South Korea fines Bithumb 210 million won for unauthorized user data transfers
Bithumb has been fined 210 million won for sharing user information with overseas exchanges without consent. This penalty is part of South Korea's intensified enforcement of data protection laws in the cryptocurrency sector. The incident is likely to lead to stricter regulations for cryptocurrency exchanges and set a precedent for global data privacy standards in the industry.
3 sourcesJun 28
- Crypto· World
Bitcoin drops below $59,000 triggering $1.48 billion in liquidations
Bitcoin has fallen below $59,000, resulting in significant liquidations in the crypto market. This decline was triggered by the release of the May PCE inflation report, which indicated a year-over-year inflation rate of 4.1%, raising fears of prolonged high interest rates. As traders react to these economic indicators, increased volatility in the crypto market is expected in the near term.
4 sourcesJun 28
- Crypto· World
XRP Tests Critical $1 Support Level Amid Market Selloff
XRP has dropped below the $1.07 support level and is now testing the $1 mark. This decline is driven by a wave of long liquidations and a broader selloff in the cryptocurrency market. If XRP fails to hold above $1, it may face further losses, while whale accumulation could signal potential buying opportunities for traders.
4 sourcesJun 28
- Crypto· World
Ripple launches RLUSD stablecoin in Japan with SBI Holdings
Ripple has launched its RLUSD stablecoin in Japan in partnership with SBI Holdings following regulatory approval from the Japan Financial Services Agency. This event is occurring now as it marks a significant milestone in Ripple's expansion strategy in Asia, enhancing access to a U.S. dollar-backed stablecoin. The long-term implication is that this launch could catalyze broader stablecoin adoption across Asia, reshaping the region's digital economy.
6 sourcesJun 28
- Business· World
H.B. Fuller acquires Advanced Medical Solutions for £659 million
H.B. Fuller has announced its acquisition of Advanced Medical Solutions Group Plc, a UK-based manufacturer of tissue-healing medical products, for £659 million. This strategic move is aimed at enhancing H.B. Fuller's portfolio in the healthcare market at a time when medical technology is gaining increasing importance. The acquisition is expected to strengthen H.B. Fuller's competitive position in the medical sector and may lead to further growth initiatives in the future.
3 sourcesJun 28
- Economy· World
New Coalition Formed to Support American Workers Facing AI Job Displacement
A coalition of major companies and state governments has been established to assist American workers in adapting to the changes brought by artificial intelligence. This initiative is driven by the urgent need to prepare millions for potential job disruptions due to advancements in AI technology. The long-term implication is a likely increase in training programs and legislative actions aimed at supporting workforce transitions in an AI-driven economy.
4 sourcesJun 28
- Business· World
JPMorgan Chase narrows CEO succession race to two candidates
Jamie Dimon has identified two candidates for his successor at JPMorgan Chase amidst ongoing leadership changes. This move is driven by the bank's need to adapt to increasing competition from cryptocurrency firms and evolving challenges in the financial sector. The outcome of this succession race will significantly influence JPMorgan's strategy in the competitive financial landscape.
3 sourcesJun 28