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
8518 stories- Business· World
Brown-Forman anticipates flat sales despite fourth-quarter revenue increase
Brown-Forman has reported higher revenue in its fiscal fourth quarter but expects sales to remain flat in the upcoming fiscal year. This stagnation is attributed to significant pressures in the broader spirits market. The company's introduction of a new Blackberry flavor aims to attract consumers and counteract declining demand in the long term.
3 sourcesJun 6Low
- Business· World
Greg Abel's Leadership at Berkshire Hathaway Marks Strategic Shift
Greg Abel has executed two major deals at Berkshire Hathaway, showcasing his leadership capabilities. This decisive action comes as the company holds a record cash reserve of $397.4 billion, reflecting a strategic approach to future investments. Stakeholders are now focused on how Abel will leverage these cash reserves for growth opportunities in the long term.
3 sourcesJun 6Low
- Business· World
B&M European Value Retail stock surges following strong earnings report
B&M European Value Retail Plc's stock has sharply increased after reporting higher-than-expected revenue, resulting in a short squeeze for investors who had bet against it. This surge is attributed to the company's successful turnaround strategy, which has bolstered investor confidence. In the long term, this positive momentum is likely to attract further investment and solidify B&M's market position.
3 sourcesJun 6Low
- Economy· World
Global stock markets decline sharply amid Middle East tensions and rising bond yields
Global stock markets have experienced significant declines, with the Nasdaq 100 dropping 5% and the Dow Jones Industrial Average falling over 600 points. This downturn is triggered by rising geopolitical tensions in the Middle East and a solid U.S. jobs report that has heightened expectations for Federal Reserve interest rate hikes. In the long term, investors will closely monitor these geopolitical developments and economic indicators that could influence future market trends and Federal Reserve decisions.
4 sourcesJun 6Low
- Economy· World
Steven Tananbaum Highlights Opportunities Amidst Credit Market Challenges
Steven Tananbaum addressed the current struggles of the credit market at the Bloomberg Global Credit Forum, identifying emerging opportunities in specific sectors. This discussion is prompted by the ongoing downturn in the credit market, particularly affecting sectors like software and cable. Investors are advised to remain vigilant for potential investments as competition in AI financing intensifies.
3 sourcesJun 6Low
- Economy· World
OECD Downgrades Global Growth Outlook Amid Iran Conflict
The OECD has downgraded its global growth outlook due to the impact of the ongoing conflict in Iran on energy supplies and economic stability. This shift is occurring now as the conflict continues to disrupt global energy markets, raising concerns about inflation and potential recessions. Long-term implications include heightened economic instability and energy shortages, particularly affecting rural areas in the UK and necessitating close monitoring of the situation.
3 sourcesJun 6Low
- Business· World
SpaceX Announces $1.77 Trillion IPO Targeting Historic Stock Market Debut
SpaceX has filed for an Initial Public Offering (IPO) with a valuation of approximately $1.77 trillion, aiming to raise $75 billion by selling 555.6 million shares at $135 each. This move comes as the company seeks to capitalize on growing interest in space exploration and artificial intelligence, particularly following its acquisition of xAI. If successful, the IPO could position SpaceX as a leader in the tech and aerospace sectors, influencing future investments in these industries.
52 sourcesJun 6Very High
- Economy· World
Nasdaq Index Drops 4% Amid Rising Treasury Yields and Strong Jobs Report
The Nasdaq index fell by 4% on June 5, 2026, marking its steepest decline in eight months. This drop was triggered by a stronger-than-expected U.S. jobs report that led to rising Treasury yields and heightened expectations of Federal Reserve rate hikes. The long-term implication suggests that sustained high borrowing costs may continue to impact market stability and consumer spending.
3 sourcesJun 5
- Economy· UAE
Abu Dhabi freezes rent increases to stabilize housing market
Abu Dhabi has announced a temporary halt on rent increases for all types of leases. This decision is a response to rising living costs and aims to provide immediate relief to tenants. The long-term implication may lead to a more stable housing market and potential future policies on housing affordability in the emirate.
3 sourcesJun 5Low
- Economy· World
Oil prices decline over 1% amid ongoing U.S.-Iran negotiations
Oil prices fell by more than 1% following comments from President Trump indicating that negotiations with Iran are still in progress. This decline is attributed to market reactions to geopolitical tensions and fluctuating inventory levels. The long-term outlook suggests that future oil price movements will heavily depend on the outcomes of these negotiations and global inventory trends.
3 sourcesJun 5Low
- Business· MENA
Saudi Capital Market Authority Approves Collective Lawsuit Against Ridan Food Company Board Members
A collective lawsuit has been accepted against members of Ridan Food Company's board for financial misconduct. This decision follows findings of misleading financial practices that affected the company's stock value over several years. As the lawsuit progresses, it may lead to increased scrutiny of financial practices in the Saudi market and potentially prompt reforms aimed at enhancing investor protection and market transparency.
3 sourcesJun 5Low
- Business· UAE
Dubai simplifies medical visa processes to boost health tourism
Dubai has initiated measures to streamline medical visa applications to attract health tourists. This is happening now due to a newly signed memorandum of understanding between the General Directorate of Residency and Foreigners Affairs and the Dubai Health Authority. The long-term implication is that these improvements are expected to significantly enhance Dubai's position as a leading health tourism destination.
3 sourcesJun 5Low
- Business· MENA
Saudia Receives First Airbus A321XLR in Middle East and Africa
Saudia has taken delivery of its first Airbus A321XLR, becoming the first airline in the region to operate this aircraft. This milestone follows the completion of regulatory requirements by the General Authority of Civil Aviation in Saudi Arabia. The introduction of the A321XLR is expected to enhance Saudia's operational efficiency and support the Kingdom's aviation ambitions for increased international connectivity.
3 sourcesJun 5Low
- Economy· World
Gold prices rise amid U.S.-Iran peace negotiations and falling oil prices
Gold prices have increased by approximately 0.4% due to a decline in crude oil prices and a weaker dollar. This shift is occurring as investors closely monitor mixed reports regarding ongoing peace negotiations between the U.S. and Iran. The long-term implication is that continued developments in these negotiations could lead to increased volatility in gold prices and broader market sentiment.
4 sourcesJun 5Low
- Economy· UAE
UAE Ministry of Human Resources updates Wage Protection System to enhance compliance
The UAE's Ministry of Human Resources and Emiratisation has announced updates to the Wage Protection System aimed at improving compliance and addressing delayed wage payments. This initiative is triggered by the need to enhance labor market stability and protect workers' rights amidst ongoing challenges in wage disbursement. Long-term, these changes are expected to foster greater employer accountability and contribute to a more robust labor market in the UAE.
3 sourcesJun 5Low
- Business· World
SpaceX announces historic $75 billion IPO plan
SpaceX has revealed its intention to conduct the largest IPO in history, targeting $75 billion. This unprecedented move is driven by the company's ambition to significantly increase its valuation to approximately $1.77 trillion. The long-term implication could reshape the aerospace industry and elevate Elon Musk to the status of the world's first trillionaire.
3 sourcesJun 5Low
- Business· UAE
Eastern Province Governor Reviews Dammam Airports' Achievements Amid 30 Billion Riyal Investment Surge
Prince Saud bin Naif bin Abdulaziz met with leaders from Dammam Airports to discuss their recent accomplishments and performance metrics. This meeting is occurring as the Eastern Province experiences a significant influx of investment opportunities totaling 30 billion Riyals, reflecting strong governmental support for sustainable development. The long-term implication is an expected enhancement of infrastructure and continued economic growth in the region.
4 sourcesJun 5Low
- Crypto· World
Robinhood acquires Canadian crypto platform WonderFi for $180 million
Robinhood has completed its acquisition of WonderFi, marking its entry into the Canadian cryptocurrency market. This strategic move is driven by Robinhood's goal to expand its international presence and leverage WonderFi's established customer base and regulatory framework. The long-term implication is that Robinhood's presence in Canada could reshape the local crypto landscape by enhancing competition and accessibility for users.
4 sourcesJun 5Moderate
- Crypto· World
MoneyGram launches MGUSD stablecoin on Stellar blockchain
MoneyGram has introduced MGUSD, a U.S. dollar stablecoin on the Stellar network, enhancing its remittance services. This launch is driven by the growing trend towards digital dollar payments in the remittance industry. In the long term, MGUSD could revolutionize cross-border payments and set a precedent for innovation in financial services.
6 sourcesJun 5Low
- Crypto· World
Franklin Templeton partners with MoonPay to launch tokenized money market fund for institutions
Franklin Templeton has launched its BENJI tokenized fund on MoonPay's platform for institutional clients. This partnership connects Franklin Templeton's $1.74 trillion asset management capabilities with MoonPay's infrastructure, enabling institutions to swap stablecoins for yield-generating tokenized funds. The collaboration is expected to enhance liquidity in digital asset markets and accelerate the adoption of tokenized finance among large investors.
4 sourcesJun 5Low