
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
Wizz Air to Introduce Starlink Internet Across Fleet by 2027
Wizz Air has announced plans to implement Starlink satellite internet on its aircraft starting in 2027. This initiative is driven by the airline's goal to enhance passenger experience and differentiate itself in the competitive budget airline market. The long-term implication may lead to increased expectations for in-flight connectivity among budget travelers in Europe.
4 sourcesJun 11Low
- Business· World
Ingredion acquires Tate & Lyle for $3.6 billion in major food ingredients consolidation
Ingredion has announced its acquisition of Tate & Lyle for $3.6 billion, marking a significant consolidation in the food ingredients sector. The deal, which offers a 59% premium on Tate & Lyle's share price, is driven by Ingredion's strategy to enhance its market position. This merger is expected to reshape the competitive landscape of the food ingredients market and reflects ongoing trends of consolidation in the industry.
4 sourcesJun 11Low
- Business· World
Wall Street increases investment in AI through debt and IPOs
Tech companies are attracting significant investment from Wall Street to capitalize on the AI boom. This surge in funding is driven by unprecedented valuations in the AI sector and evolving investment strategies. As the AI industry matures, investment patterns are expected to further evolve, potentially leading to new financial products and strategies tailored to this dynamic market.
3 sourcesJun 11Low
- Business· World
Intesa Sanpaolo bids €30.6 billion for Banca Monte dei Paschi di Siena
Intesa Sanpaolo has launched a €30.6 billion bid for Banca Monte dei Paschi di Siena, marking a significant event in Italy's banking sector. This move is driven by ongoing consolidation trends within the industry and Intesa's ambition to strengthen its market position. The outcome of this bid could lead to a competitive bidding environment and reshape the future of banking in Italy.
5 sourcesJun 11Moderate
- Economy· World
Goldman Sachs Revises Federal Reserve Rate Cut Forecast to 2027
Goldman Sachs has updated its forecast, now predicting no Federal Reserve interest rate cuts until 2027. This change follows a stronger-than-expected jobs report that has shifted market perceptions regarding the economy and monetary policy. The long-term implication suggests that investors should brace for sustained high interest rates and potential market volatility as they reassess their strategies.
3 sourcesJun 11Low
- Economy· World
US Consumer Price Index experiences fastest rise in three years
The Consumer Price Index (CPI) in the United States has risen at its fastest rate in three years, aligning with market expectations. This increase is occurring now as analysts assess its implications for the Federal Reserve's monetary policy. In the long term, the stability in risk assets like Bitcoin and Ethereum is expected to continue as the Federal Reserve maintains its current interest rate stance.
3 sourcesJun 11Moderate
- Economy· World
Treasury yields rise amid inflation and Middle East tensions
Treasury yields have increased significantly due to rising inflation concerns and escalating geopolitical tensions, particularly involving Iran. This shift is triggered by President Trump's recent threats against Iran and strong jobs data that have led investors to anticipate Federal Reserve interest rate hikes. In the long term, these developments are likely to create increased volatility in both the bond and stock markets as investors adjust their strategies accordingly.
3 sourcesJun 11Low
- Economy· World
Oil prices rise amid escalating U.S.-Iran tensions and military strikes
Oil prices have surged due to recent military strikes by the U.S. against Iran, which have disrupted a two-month cease-fire. This escalation in hostilities is causing market fears of potential supply disruptions in the energy sector. As geopolitical tensions continue to rise, the oil market is likely to experience further volatility and price fluctuations in the coming days.
4 sourcesJun 11High
- Business· UAE
FCA Files Legal Action Against Neil Woodford for Unauthorized Investment Advice
The UK's Financial Conduct Authority has initiated legal proceedings against former fund manager Neil Woodford for allegedly providing unauthorized investment advice. This action follows Woodford's previous ban from senior management roles after the collapse of his equity fund in 2019. The outcome of this lawsuit could significantly affect Woodford's future in the investment industry and the regulatory landscape in the UK financial sector.
4 sourcesJun 11Low
- Economy· World
IMF warns of global unpreparedness for economic shocks
Kristalina Georgieva, Managing Director of the IMF, has issued a warning about the world's lack of preparedness for increasing global economic shocks. This caution comes as nations face the ongoing repercussions of the COVID-19 pandemic and geopolitical tensions, highlighting the need for stronger economic foundations. In the long term, the IMF is likely to advocate for policy changes aimed at enhancing global economic resilience and addressing the challenges posed by technological advancements like AI.
3 sourcesJun 11Low
- Economy· World
Oil Prices Increase as Iran-Israel Tensions Escalate
Oil prices have risen following a temporary ceasefire amid escalating hostilities between Iran and Israel. The immediate trigger for this increase is the market's apprehension regarding the potential for renewed conflict, which has already seen a significant rise in Brent crude prices since the conflict began. Long-term implications may include sustained volatility in oil markets and potential disruptions to global oil supply chains if hostilities resume.
8 sourcesJun 11Low
- Business· World
Frasers Group bids €1.98 billion for full control of Hugo Boss
Frasers Group has launched a €1.98 billion takeover offer for the German fashion brand Hugo Boss, aiming to acquire the remaining shares it does not already own. This move is driven by Frasers' strategy to consolidate its retail empire amid Hugo Boss's struggles. The outcome of this bid could reshape the competitive landscape of the fashion industry as consolidation trends continue.
5 sourcesJun 11Low
- Economy· World
2026 FIFA World Cup projected to generate nearly $1 billion economic impact in California
The 2026 FIFA World Cup is projected to generate substantial economic benefits in California, with an estimated impact of nearly $1 billion. This optimism is currently challenged by rising ticket prices and inflation, which are causing concerns among local businesses and potential travelers. The long-term success of the event will depend on addressing these economic challenges to maximize benefits for the region.
3 sourcesJun 11Low
- Economy· World
Wall Street Experiences Significant Decline Amid U.S.-Iran Tensions and Tech Sector Concerns
On June 9, 2026, Wall Street's major indexes saw notable declines, with the S&P 500 dropping 1.6% and the Dow Jones Industrial Average falling 1.9%. This downturn was triggered by renewed tensions between the U.S. and Iran following a military strike in response to the downing of an Apache helicopter, coupled with investor fears over inflated tech valuations. The long-term implication may involve increased market volatility and a cautious investment climate, particularly in the technology sector.
12 sourcesJun 11Moderate
- Business· World
U.S. airlines face 78% surge in fuel costs amid Iran conflict and Strait of Hormuz closure
U.S. airlines have reported a 78% increase in fuel costs due to the ongoing conflict in Iran and the closure of the Strait of Hormuz. This dramatic rise, resulting in nearly $6.5 billion in fuel expenses for April, is a direct consequence of geopolitical tensions affecting global oil supply. As the situation evolves, airlines will need to adapt their pricing strategies to mitigate the impact on profitability and operational sustainability.
3 sourcesJun 11Low
- Business· World
U.S. airlines report 78% increase in fuel costs impacting global profit forecasts
U.S. airlines have experienced a significant rise in fuel costs, spending $6.5 billion in April 2026, which has led to a drastic reduction in global profit forecasts for the airline industry. This surge in fuel expenses is primarily driven by ongoing volatility in global oil prices. As a result, airlines are likely to implement fare increases and operational changes to adapt to the new financial landscape.
6 sourcesJun 11Low
- Business· World
AI stocks face significant volatility impacting U.S. market performance
AI-linked stocks have experienced sharp declines, contributing to a downturn in the broader U.S. market. This volatility is driven by increasing scrutiny from investors and major AI companies seeking new funding amid rising capital demands. The long-term implication is that the stability of AI stocks will be crucial for the overall market trajectory as these companies navigate funding challenges and investor skepticism.
3 sourcesJun 11Low
- Economy· World
US Inflation Reaches Three-Year High Driven by Gas Prices
Inflation in the United States has surged to its highest level in three years, primarily due to a significant increase in gas prices. This spike is occurring as the Federal Reserve faces mounting pressure to address rising consumer prices ahead of the midterm elections. The long-term implications may include intensified scrutiny of economic policies and potential shifts in voter sentiment as affordability concerns grow.
3 sourcesJun 10Low
- Business· UAE
New bridge connecting Sheikh Zayed Road to Dubai Harbour nears completion
Construction of a new bridge linking Sheikh Zayed Road to Dubai Harbour is 90% complete. This infrastructure project is being finalized as part of Dubai's ongoing efforts to enhance transportation efficiency. The bridge is expected to significantly improve traffic flow and economic activity in the region upon its opening.
3 sourcesJun 10Low
- Economy· World
OPEC+ announces increase in oil production by 188,000 barrels per day effective July 2026
OPEC+ has agreed to increase oil production by 188,000 barrels per day starting in July 2026. This decision follows previous voluntary adjustments made in April and November 2023, reflecting the alliance's ongoing strategy to stabilize the global oil market. The long-term implication is that this increase may influence global oil prices and economic conditions as demand fluctuates.
4 sourcesJun 10Low