
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· MENA
Saudi PIF and Talaat Moustafa Group sign MoU for urban development collaboration
The Saudi Public Investment Fund and Talaat Moustafa Group have signed a Memorandum of Understanding to collaborate on urban development projects across Saudi Arabia. This partnership is driven by the need to enhance investment opportunities in various sectors, aligning with Saudi Arabia's Vision 2030 goals. The long-term implication is a potential transformation of the urban landscape in Saudi Arabia, fostering economic growth and improved living standards.
4 sourcesJun 10Low
- Economy· World
Brent crude oil prices surge to $97.79 amid Middle East tensions
Brent crude oil prices have risen sharply to $97.79 per barrel following renewed geopolitical tensions in the Middle East. This increase is triggered by recent Israeli airstrikes in Lebanon and explosions in Iran, which have heightened concerns over regional stability. As these tensions persist, oil prices are likely to remain volatile, impacting global markets and economies reliant on oil.
3 sourcesJun 10Moderate
- Economy· MENA
Saudi Arabia's Tadawul All Share Index rises 1.3% driven by banking sector gains
The Tadawul All Share Index (TASI) in Saudi Arabia surged by 1.3% to close at 11,115.37 points, reflecting strong investor confidence. This increase was triggered by robust performances in the banking sector, with significant trading volume of 315 million shares. The positive momentum suggests potential for continued growth in the Saudi market in the coming days.
4 sourcesJun 10Low
- Crypto· World
Michael Saylor's Bitcoin Purchases Stabilize Price After Recent Drop
Bitcoin's price has recently fluctuated around the $60,000 mark, briefly dropping to $59,100 before stabilizing. This shift is primarily driven by Michael Saylor's renewed purchasing activity, which has historically influenced Bitcoin's market dynamics. In the long term, continued buying from influential investors like Saylor may provide support for Bitcoin's price amidst ongoing market volatility and external pressures from AI capital rotation.
3 sourcesJun 10Moderate
- Crypto· World
BTC.TOP CEO Confirms Strategy's Resilience Amid Bitcoin Price Concerns
Jiang Zhuoer, CEO of BTC.TOP, has reassured investors that Strategy can endure a potential Bitcoin price drop to $30,000 without significant selling. This confidence stems from the company's low debt-to-asset ratio of 5%, which allows for strategic financial maneuvering even in a bearish market. Long-term, effective management of Bitcoin sales could position Strategy for continued growth despite ongoing market volatility.
3 sourcesJun 10Low
- Crypto· World
SpaceX IPO Raises Concerns Over Impact on Cryptocurrency Markets
SpaceX's IPO plans have sparked significant market speculation regarding their potential effects on cryptocurrency investments. The excitement surrounding the IPO is leading analysts to predict a capital rotation from cryptocurrencies to traditional equities, contributing to Bitcoin's recent price decline. This shift could reshape investment strategies in both the equity and cryptocurrency markets in the long term.
3 sourcesJun 10Low
- Crypto· World
Arthur Hayes sells crypto holdings amid concerns over AI stock market impact
Arthur Hayes has liquidated several cryptocurrency positions, including WLD, due to fears of a potential crash in AI stocks affecting the crypto market. This action is prompted by his belief that the AI sector has absorbed liquidity that could have supported Bitcoin, leading to a broader financial instability. In the long term, Hayes predicts that Bitcoin's recovery may be delayed until after a significant liquidity injection following losses in the AI sector.
3 sourcesJun 10Low
- Crypto· World
Bybit to Offer Tokenized Access to SpaceX IPO Amid $250 Billion Demand
Bybit has announced it will provide tokenized access to SpaceX's IPO through its xStocks platform. This initiative comes as demand for the SpaceX IPO has surged to nearly $250 billion, prompting many crypto investors to shift their funds from Bitcoin to traditional equities. The introduction of tokenized IPOs could revolutionize retail investment opportunities and reshape market dynamics between cryptocurrencies and traditional stocks.
4 sourcesJun 10Low
- Business· UAE
Etihad Airways expands fleet amid geopolitical tensions
Etihad Airways has placed orders for new widebody aircraft while maintaining its current flight operations. This decision comes as the airline's CEO expresses confidence in returning to pre-war operational levels by June 2026 despite ongoing conflicts. The long-term implication is that the airline is positioning itself for growth and stability in a challenging environment, which will be crucial for its future profitability.
3 sourcesJun 10Low
- Economy· World
China's central bank continues gold reserve accumulation for 19th month
The People's Bank of China has increased its gold reserves for the 19th consecutive month as of May 2026. This ongoing acquisition is driven by a strategic shift to diversify foreign reserves amid downward pressure on global gold prices. The long-term implication suggests potential shifts in international gold markets and currency dynamics as China's strategy unfolds.
5 sourcesJun 10Low
- Economy· World
OPEC+ agrees to increase oil production quotas amid geopolitical tensions
OPEC+ has decided to raise oil output quotas by 188,000 barrels per day for July. This decision comes as a response to ongoing geopolitical tensions affecting oil exports, particularly through the Strait of Hormuz. In the long term, the actual impact of this increase on global oil supply remains uncertain due to these export challenges.
5 sourcesJun 10Low
- Business· World
Patrick Drahi sells SFR to telecom consortium for €20.4 billion
Billionaire Patrick Drahi has agreed to sell French mobile carrier SFR to a consortium led by Bouygues Telecom, Orange, and Free-iliad for approximately €20.4 billion. This sale is occurring now as part of a broader trend of consolidation in the telecommunications industry, with regulatory approval being crucial for its completion. The outcome of this deal could set a precedent for future mergers and acquisitions in the telecommunications sector, influencing market competition and regulatory frameworks in France and beyond.
4 sourcesJun 10Low
- Economy· World
Global stock markets decline amid AI bubble fears and SpaceX IPO anticipation
Global stock markets have experienced a sharp sell-off driven by concerns over an AI bubble and the upcoming IPO of SpaceX. This downturn is occurring as investors react to recent inflation data, which has heightened market volatility. In the long term, continued investor caution is expected as they navigate the implications of new IPOs and inflationary pressures on market stability.
3 sourcesJun 10Low
- Business· World
United Airlines CEO highlights resilience in U.S. airline demand amid rising fuel costs
United Airlines CEO Scott Kirby addressed the airline industry's challenges, noting strong demand in the U.S. despite rising fuel costs and fare increases. This discussion was triggered by the ongoing impact of global oil price fluctuations, particularly related to the conflict in Iran. In the long term, the airline industry must adapt its strategies to sustain demand and profitability in a competitive market.
3 sourcesJun 10Low
- Economy· World
Indonesia's central bank raises interest rates to stabilize rupiah
Indonesia's central bank raised interest rates by 25 basis points in a surprise move. This decision was made outside the usual meeting schedule amid significant challenges facing the Indonesian currency. The long-term implication may involve further monetary policy adjustments to curb inflation risks and stabilize the currency.
3 sourcesJun 10Low
- Business· World
Casey’s General Stores reports strong Q4 earnings driven by foodservice sales
Casey’s General Stores has posted better-than-expected earnings and revenue for the quarter, exceeding estimates by $1.06. This positive performance is attributed to strong sales in food items, particularly whole pizzas and appetizers, alongside robust fuel margins. Looking ahead, the company is well-positioned for continued growth, although it must remain vigilant about potential margin pressures in the future.
4 sourcesJun 10Low
- Business· World
Airlines face $100 billion rise in jet fuel costs due to Iran conflict
Airlines are set to increase fares due to a $100 billion rise in jet fuel costs linked to the Iran war. This significant cost surge is occurring now as geopolitical tensions disrupt oil supplies, particularly through the Strait of Hormuz. Long-term, the airline industry may see shifts in pricing strategies and potential consolidations as companies struggle to maintain profitability amidst rising operational costs.
3 sourcesJun 10Low
- Economy· World
South Korea intervenes to stabilize won as currency hits lowest value since 2009
The South Korean won has slumped to its weakest level since 2009, prompting government intervention to address speculative trading. This action is driven by the won breaching the 1550 level against the US dollar, reflecting significant market pressure. Long-term, the effectiveness of these measures will be crucial in restoring confidence in the currency and ensuring market stability.
3 sourcesJun 10Low
- Business· World
Major Wall Street Banks Promote SpaceX IPO to Attract Ultra-Wealthy Clients
On June 12, 2026, major Wall Street banks are hosting high-profile events to promote the SpaceX IPO, which aims to raise $75 billion and value the company at approximately $1.75 trillion. This strategic push is driven by the unprecedented scale of the IPO and the banks' desire to engage affluent investors ahead of the offering. The long-term implication is a potential shift in wealth management strategies as banks leverage high-profile IPOs to attract and retain ultra-wealthy clients.
25 sourcesJun 10Low
- Economy· World
China's Exports Surge Amid Rising Global Demand for AI Technologies
Chinese exports have exceeded forecasts due to rising global demand for AI. This growth is driven by China's strengths in semiconductors and rare earth materials, which are crucial to its export success. As the demand for AI technologies continues to grow, China's export landscape is expected to evolve, potentially leading to further economic strengthening and shifts in global trade dynamics.
4 sourcesJun 9Low