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
8507 stories- Business· World
SoftBank's $6 billion margin loan negotiations stall amid AI investment strategy concerns
SoftBank Group's efforts to secure a $6 billion margin loan backed by its stake in OpenAI have stalled. This setback follows the company's recent reduction of its loan target from $10 billion and raises questions about its AI investment strategy. The outcome of these negotiations could significantly impact SoftBank's future investments and market position in the AI sector.
3 sourcesJun 12Low
- Economy· World
Germany's industrial output rises for the first time since the Iran war began
German industrial production increased by 0.4% in April, marking the first rise since the onset of the war in Iran. This growth is driven by companies stockpiling inventory in anticipation of higher energy prices. If this trend continues, it may indicate a stabilization of the German economy despite ongoing geopolitical tensions.
3 sourcesJun 12Low
- Business· World
Stellantis recalls over 1 million Jeep vehicles due to fire hazard
Stellantis has announced a recall of approximately 1.08 million Jeep vehicles due to a fire hazard linked to overheating power steering wiring. This recall is occurring now as part of the company's commitment to vehicle safety and customer protection. Long-term, this action may influence consumer trust and brand reputation as Stellantis enhances safety protocols and communication with affected customers.
3 sourcesJun 12Low
- Economy· World
Global oil inventories hit lowest levels since 2003 amid Middle East conflicts
Global oil inventories have sharply declined to their lowest levels since 2003, as reported by the U.S. EIA. This significant drop is primarily driven by ongoing geopolitical tensions in the Middle East, which have disrupted supply chains. The long-term implication is a potential for increased volatility in petroleum prices, impacting global economies reliant on stable energy supplies.
3 sourcesJun 12Low
- Business· World
GSK Acquires Nuvalent for $10.6 Billion, Marking Return to Oncology Sector
GlaxoSmithKline (GSK) has announced a $10.6 billion acquisition of Nuvalent, signaling a strategic shift back to the oncology sector after previously divesting its cancer business in 2014. This move is driven by new CEO Luke Miels' ambition to enhance GSK's oncology portfolio and accelerate revenue growth. The long-term implication is that GSK aims to achieve £40 billion in annual revenue by 2031, positioning itself competitively in the oncology market.
9 sourcesJun 12Low
- Crypto· World
Sam Bankman-Fried Seeks Presidential Pardon from Trump While Serving 25-Year Sentence
Sam Bankman-Fried has formally applied for a presidential pardon from Donald Trump as he serves a 25-year sentence for fraud related to the collapse of FTX. This request comes amid a shift in his political donations from Democrats to Republicans, indicating a strategic pivot in his approach. The outcome of this pardon application could significantly impact public perceptions of accountability within the cryptocurrency industry.
6 sourcesJun 12Low
- Economy· World
Trump Cancels Iran Strikes Leading to Decline in Treasury Yields and Dollar
On June 11, 2026, President Donald Trump announced the cancellation of planned military strikes against Iran, leading to a decline in U.S. Treasury yields and a weakening of the dollar. This decision was made amid ongoing tensions between the U.S. and Iran, as part of a broader narrative of fluctuating relations and potential peace negotiations. The long-term implication may involve shifts in global market dynamics and investor strategies, particularly in response to U.S. monetary policy and geopolitical stability.
12 sourcesJun 12Low
- Economy· World
Oil Prices Decline Following Trump's Military De-escalation with Iran
On June 10, 2026, oil prices dropped significantly after President Donald Trump reversed his threat of military action against Iran. This decision was prompted by a desire to alleviate rising tensions that had previously unsettled global markets. The long-term implication is a potential stabilization of oil prices and improved investor sentiment, which may influence energy strategies and economic forecasts in the region.
10 sourcesJun 12Low
- Business· World
Halma's shares drop 11% following cautious guidance despite record profits
Halma's shares fell 11% after the company issued disappointing guidance, overshadowing its record profits. The immediate market reaction was driven by concerns over the photonics business, which is expected to contribute less than previously anticipated. Investors are likely to closely monitor upcoming earnings reports to gauge the impact of this guidance on Halma's future performance.
3 sourcesJun 11Low
- Economy· World
Gold prices recover from six-month low amid investor buying and short-covering
On June 11, 2026, gold prices rose after hitting a six-month low. This recovery is driven by short-covering and increased buying interest from investors as they await key U.S. inflation data. The long-term implication suggests that gold prices may remain volatile as market participants react to upcoming economic indicators and interest rate forecasts.
3 sourcesJun 11Low
- Business· UAE
Surge in First-Time Homebuyers in Dubai Reaches $1.3 Billion
Dubai has seen over 3,200 residents become first-time homeowners in recent months. This increase is driven by new sales initiatives targeting residents without existing property ownership. The trend indicates a positive outlook for Dubai's real estate sector as demand for residential properties continues to grow.
3 sourcesJun 11Low
- Business· UAE
Sheikh Hamdan reviews DIFC's strategy to enhance Dubai's global competitiveness
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum visited the Dubai International Financial Centre to assess its strategic priorities and innovation ambitions. This visit is driven by Dubai's goal to position DIFC as the world's first fully AI-native financial centre amidst increasing international confidence in its economy. The long-term implication is that DIFC's focus on innovation will further solidify Dubai's status as a leading global financial hub, attracting more international businesses and investments.
5 sourcesJun 11Low
- Business· MENA
Saudi Arabia reopens Al Wajh International Airport with upgraded capacity and new rail link
Al Wajh International Airport has reopened after a significant modernization, increasing its annual passenger capacity from 100,000 to 500,000. This upgrade coincides with the launch of a new rail project connecting over 1,000 industrial facilities, reflecting Saudi Arabia's strategic investment in transport infrastructure. The developments are expected to enhance connectivity and support the country's Vision 2030 goals for economic diversification and growth.
4 sourcesJun 11Low
- Business· UAE
Emirates Airlines maintains flight capacity amid regional challenges
Emirates Airlines has announced it will not reduce its flight capacity despite ongoing financial pressures from conflicts in the Middle East. This decision is driven by President Tim Clark's confidence in the airline's growth strategy and commitment to expanding into new markets like Berlin. The long-term implication suggests Emirates is positioning itself for a robust recovery and increased market presence in the aviation industry.
3 sourcesJun 11Low
- Economy· MENA
Saudi Arabia qualifies 24 bidders for mining exploration licenses covering 13000 square kilometers
Saudi Arabia has qualified 24 local and international bidders for mining exploration licenses covering 13000 square kilometers. This initiative is part of the country's broader strategy to diversify its economy beyond oil and tap into its estimated $2.5 trillion mineral wealth. The long-term implication is that this expansion could significantly boost Saudi Arabia's economy and enhance its role in global mineral supply chains.
5 sourcesJun 11Low
- Business· World
PhysicsX secures $300 million in Series C funding led by Temasek
PhysicsX has raised $300 million in a Series C funding round, increasing its valuation to $2.4 billion. This funding round was triggered by strong investor interest, as evidenced by its oversubscription and Temasek's continued support as an early investor. The long-term implication is that PhysicsX is positioned to innovate further in AI applications for manufacturing, potentially transforming the industry landscape.
3 sourcesJun 11Low
- Crypto· MENA
Chinese court recognizes Bitcoin as legally protected property in landmark ruling
A Chinese court has ruled that Bitcoin is legally protected property, sentencing a man to nearly 11 years in prison for stealing 107 Bitcoin. This decision marks a significant legal shift in China's approach to cryptocurrency, occurring despite the country's previous bans on Bitcoin trading. The ruling may influence future legal interpretations of cryptocurrency ownership and theft in China, potentially leading to more comprehensive regulations for digital assets.
3 sourcesJun 11Moderate
- Crypto· World
HTX delists USD1 stablecoin amid wallet freeze by World Liberty
HTX has delisted the USD1 stablecoin following a wallet freeze initiated by World Liberty. This decision comes as tensions escalate between Justin Sun's exchange and the Trump-linked crypto firm over the management of the token's wallets. The ongoing conflict may lead to increased regulatory scrutiny and market volatility in the cryptocurrency sector.
3 sourcesJun 11Low
- Crypto· World
Bitcoin price stabilizes near $63,000 amid market pressures
Bitcoin's price is currently holding steady near $63,000 following a recent rally. This stability is being tested by ETF outflows and increasing macroeconomic challenges that have raised concerns about the sustainability of the $60,000 support level. Analysts suggest that the long-term store-of-value thesis for Bitcoin remains intact, but investors should remain vigilant as market volatility continues.
3 sourcesJun 11Low
- Crypto· World
JPMorgan Raises Concerns Over Strategy Inc.'s Bitcoin Sales Impacting Market Stability
JPMorgan has expressed worries about Strategy Inc.'s management of its dollar reserves following a recent sale of 32 Bitcoin, which has caused unease in the crypto markets. The immediate trigger for this concern is Strategy's $1.7 billion annual dividend obligations, which may necessitate further Bitcoin sales if reserves are not rebuilt. Long-term implications suggest that the future performance of the cryptocurrency market could hinge on how effectively Strategy navigates its financial commitments and restores investor confidence.
4 sourcesJun 11Low