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- Economy· World
Eurozone inflation rises to 3.2% amid geopolitical tensions
Inflation in the Eurozone has surged to 3.2% in May 2026, marking the highest level since September 2023. This increase is primarily driven by rising energy prices linked to geopolitical tensions, particularly the conflict involving Iran. The European Central Bank is expected to respond with an interest rate hike, which could impact economic growth and borrowing costs across the Eurozone.
6 sourcesJun 5Low
- Crypto· World
Galaxy Digital launches OTC prediction markets trading desk for institutional investors
Galaxy Digital has launched an over-the-counter prediction markets trading desk aimed at institutional investors and executed a $10 million trade with hedge fund Arca. This initiative is driven by a growing interest in integrating digital assets into traditional financial markets, particularly in light of U.S. crypto legislation. The long-term implication is that this move could lead to increased adoption of digital assets among institutional investors and the development of more sophisticated financial products and strategies.
3 sourcesJun 5Low
- Economy· World
Gold Surpasses U.S. Treasuries as Leading Global Reserve Asset
Gold has officially overtaken U.S. Treasuries as the world's top reserve asset. This shift is driven by central banks' diversification strategies and a historic rally in gold prices amid economic uncertainty. The long-term implication is a potential decrease in the dominance of the U.S. dollar in global finance as central banks continue to favor gold.
3 sourcesJun 5Low
- Business· World
NewLimit Raises $435 Million in Series C Funding, Tripling Valuation to $3.1 Billion
NewLimit has raised $435 million in a Series C funding round, resulting in a tripled valuation of $3.1 billion. This surge in funding is driven by increasing investor interest in longevity and anti-aging therapies. The company is set to advance its RNA therapy for alcohol-related liver disease, potentially reshaping the biotech landscape in the long term.
4 sourcesJun 5Low
- Business· UAE
AD Ports Group to acquire controlling stake in Brazil's CLI for $835 million
AD Ports Group has announced its acquisition of a controlling stake in Brazil's CLI, a bulk port operator, for $835 million. This strategic move is driven by AD Ports' ambition to expand its global footprint and enhance its logistics capabilities. The long-term implication is a potential increase in revenue and market share for AD Ports in the South American logistics sector.
3 sourcesJun 5Low
- Business· World
GameStop reports record quarterly revenue driven by collectibles and announces $2 billion share buyback
GameStop has posted a 14% increase in quarterly revenue, reaching $835.3 million, primarily from its collectibles segment. This surge in revenue is triggered by strong sales of action figures and trading cards, alongside the company's strategic announcement of a $2 billion share buyback program. Looking ahead, GameStop's focus on collectibles may continue to drive revenue growth and enhance shareholder value in the evolving gaming market.
3 sourcesJun 5Low
- Economy· World
Australia's GDP growth slows to 0.3% amid rising interest rates and fuel prices
Australia's GDP growth has slowed to 0.3% in Q1 2026. This decline is primarily driven by rising interest rates implemented by the central bank and increased fuel prices due to the ongoing conflict in the Middle East. The lower-than-expected growth rate raises concerns about the economic outlook and may prompt policymakers to reassess monetary policy and respond to external economic pressures.
3 sourcesJun 5Low
- Economy· World
Federal Reserve Beige Book Reports Rising Inflation Amid Middle East Conflict
The Federal Reserve's Beige Book has revealed that U.S. businesses are experiencing increased inflationary pressures due to rising energy costs linked to the ongoing conflict in the Middle East. This situation is prompting the Federal Reserve to reconsider its interest rate policies as consumer spending shows signs of decline. Long-term, the persistent inflation may lead to sustained higher interest rates, affecting economic growth and borrowing costs for households and businesses.
3 sourcesJun 5Low
- Business· World
Victoria's Secret stock surges 47% on strong earnings and optimistic outlook
Victoria's Secret shares rose 47% following the announcement of better-than-expected quarterly earnings and an increase in annual forecasts. This surge is attributed to the company's successful transition to a new trading symbol and renewed investor confidence in its turnaround strategy. The long-term implication suggests that Victoria's Secret may continue to attract investor interest as it implements its growth initiatives in a competitive retail environment.
5 sourcesJun 5High
- Business· World
Commerzbank Requests Regulatory Review of UniCredit's Disclosures Amid Takeover Bid
Commerzbank has formally requested a review from the German financial regulator BaFin regarding the transparency of disclosures made by UniCredit as it seeks to acquire a larger stake in the bank. This request follows UniCredit's successful bid to secure a 34% stake in Commerzbank, raising concerns about the takeover's legitimacy. The outcome of this regulatory review could significantly influence the future dynamics of the banking sector in Germany.
3 sourcesJun 5Low
- Business· World
SpaceX sets IPO price at $135 per share aiming to raise $75 billion
SpaceX has announced a fixed IPO price of $135 per share, intending to raise $75 billion through the sale of 555.6 million shares. This decision marks a departure from traditional IPO practices, which typically involve establishing a price range prior to the roadshow. The long-term implication could reshape future IPO strategies in the tech and aerospace sectors.
3 sourcesJun 5Low
- Economy· World
Gold prices stabilize amid U.S.-Iran negotiation uncertainties
Gold prices have remained steady at $4,481.53 per ounce as geopolitical tensions surrounding U.S.-Iran negotiations continue. The immediate trigger for this stability is Iran's halt of indirect negotiations with the U.S. and a partial ceasefire in Lebanon, which has created market uncertainty. In the long term, the outcome of these negotiations is expected to significantly influence gold prices and overall market stability in the coming weeks.
5 sourcesJun 5Low
- Economy· World
Australia's Fair Work Commission raises minimum wage by 4.75%
Australia's Fair Work Commission has announced a 4.75% increase in the minimum wage, effective from July, impacting approximately 2.7 million workers. This decision comes amid rising inflation concerns, with unions having initially sought a 6% increase. The long-term implication may involve further wage negotiations as inflation trends continue to challenge the balance between supporting workers and maintaining business viability.
4 sourcesJun 5Low
- Business· World
China initiates crackdown on ghost kitchens to regulate food delivery sector
Chinese authorities have launched a campaign against ghost kitchens, which are virtual restaurants operating without physical storefronts. This action is prompted by rising consumer complaints and concerns over the integrity of food orders linked to these establishments. The long-term implication may lead to increased regulation and transparency in China's food delivery industry, reshaping consumer trust and market dynamics.
3 sourcesJun 5Low
- Economy· World
US Trade Representative Reaffirms Commitment to US-EU Trade Deal Amid New Tariff Proposals
US Trade Representative Jamieson Greer has reaffirmed the commitment to the US-EU trade deal despite the introduction of new tariffs targeting imports produced using forced labor. This shift is occurring now as the US seeks to enhance trade relations with Canada while addressing ethical trade practices. Long-term, this may lead to more complex negotiations with both the EU and Canada as the US balances enforcement of new tariffs with existing agreements.
3 sourcesJun 5Low
- Business· UAE
UAE considers new pipeline to bypass Strait of Hormuz amid rising tensions
The U.A.E. is exploring the construction of a new pipeline to transport refined oil products, aiming to bypass the strategically critical Strait of Hormuz. This initiative is driven by ongoing geopolitical tensions that have raised concerns about the security of oil transport through the Strait. The long-term implication is a potential shift in global oil supply dynamics, enhancing energy security for the U.A.E. and its neighbors while reducing reliance on this vital maritime route.
3 sourcesJun 5Low
- Business· World
UK car sales surge driven by electric vehicles and Chinese manufacturers
UK car registrations increased to 160,662 in May 2026, marking a 7% rise compared to the previous year. This growth is primarily fueled by the rising popularity of battery electric vehicles and the entry of Chinese automakers like BYD and Chery into the market. The long-term implication suggests intensified competition in the automotive sector, potentially leading to regulatory challenges and trade tensions in Europe.
3 sourcesJun 5Low
- Economy· World
Trump Reduces Tariffs on Aluminum and Steel Derivative Products
President Trump has signed a proclamation lowering tariffs on certain aluminum and steel derivative products from 25% to 15%. This adjustment is part of his ongoing trade policy under Section 232, which addresses national security concerns related to these materials. The long-term implication is that this tariff reduction may influence market prices and trade relations, particularly affecting industries reliant on these materials, such as agriculture and construction.
3 sourcesJun 5Low
- Economy· World
U.S., Canadian, and Japanese stock markets reach record highs amid AI investment surge
Stock markets in the U.S., Canada, and Japan have hit new record highs driven by a surge in AI-related investments. This surge is occurring now due to heightened investor confidence in AI technologies, despite concerns about the narrowness of the rally. Long-term implications suggest that while the AI boom may continue to influence market dynamics, investors should remain cautious of potential overvaluation and market sustainability risks.
3 sourcesJun 5Low
- Economy· World
Oil Futures Decline Amid Geopolitical Tensions and Technical Correction
On June 3, 2026, oil futures fell by 0.7% after a three-day rally, with West Texas Intermediate crude dropping to approximately $95.37 per barrel. This decline is attributed to a potential technical correction and ongoing geopolitical tensions, particularly concerning U.S.–Iran negotiations. The long-term implication suggests that continued instability in the region could lead to further fluctuations in oil prices and impact global market dynamics.
13 sourcesJun 5Low