
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
Kevin Warsh's First Policy Meeting as Fed Chairman Expected to Disrupt FX Markets
Kevin Warsh's inaugural policy meeting as Federal Reserve Chairman is set to create significant volatility in foreign-exchange markets. This shift is prompted by his anticipated reduction of forward guidance on interest rates, raising concerns among market participants. In the long term, this could lead to a reevaluation of trading strategies and borrowing decisions across the financial landscape.
4 sourcesJun 4Low
- Economy· World
U.S. Treasury yields rise amid escalating Middle East tensions and oil price increases
U.S. Treasury yields have increased due to rising tensions in the Middle East, particularly surrounding the unstable U.S.-Iran ceasefire and the closure of the Hormuz waterway. This situation is prompting market speculation about a more hawkish stance from the Federal Reserve as higher oil prices influence economic expectations. In the long term, financial markets are likely to remain volatile as geopolitical developments unfold, particularly regarding oil supply and Federal Reserve policy adjustments.
3 sourcesJun 4Low
- Business· World
CrowdStrike reports first-quarter profit but shares decline on conservative sales guidance
CrowdStrike has announced a profit for the first quarter and raised its annual recurring revenue outlook for fiscal 2027. The decline in the company's shares is attributed to modest sales guidance for the upcoming quarter, which has disappointed investors. This situation highlights the challenges CrowdStrike faces in maintaining investor confidence amid a competitive cybersecurity landscape.
5 sourcesJun 4Low
- Business· World
GoPro warns of potential bankruptcy amid financial crisis
GoPro has issued warnings about its financial viability due to a 26% revenue decline and rising memory costs. The immediate trigger for this situation is the company's urgent need for financing to avoid defaulting on loans. If GoPro fails to secure the necessary funding, it may face bankruptcy, impacting its future in the action camera market.
4 sourcesJun 4Low
- Economy· World
Gold prices decline amid escalating US-Iran tensions
Gold prices fell sharply as fears of inflation from the US-Iran conflict intensified. The immediate trigger for this decline is the renewed hostilities and the halting of mediated messages from Iran to the US, which has increased market uncertainty. Long-term, this ongoing conflict may continue to pressure gold prices and influence monetary policy decisions globally.
4 sourcesJun 4Low
- Business· World
EasyJet rejects £3 billion takeover bid from Castlelake as opportunistic
EasyJet has publicly rejected a £3 billion takeover bid from US investment firm Castlelake, labeling it as opportunistic. The rejection comes as EasyJet's shares have recently risen to their highest level in three months, influenced by the airline's depressed stock price amid geopolitical tensions. This situation may lead to increased scrutiny of UK airline valuations and potential future bids as investors reassess the market landscape.
6 sourcesJun 4Low
- Economy· World
Bank of Canada Urges Caution on GDP Data Amid Technical Recession Concerns
The Bank of Canada has advised against prematurely declaring a recession despite two consecutive quarters of GDP contraction. This caution is prompted by the need for a broader analysis of economic indicators beyond just GDP data. In the long term, the Bank will continue to monitor economic conditions closely to guide its monetary policy decisions.
4 sourcesJun 4Low
- Business· World
Barry Diller’s People Inc. Proposes $18 Billion Takeover of MGM Resorts
Barry Diller's People Inc. has announced a cash offer to acquire the remaining 73.9% of MGM Resorts, valuing the company at over $18 billion. This move comes as Diller seeks to consolidate his influence over MGM, where he already holds a significant stake. The proposal is expected to impact the gaming and hospitality sectors, reflecting ongoing trends in mergers and acquisitions in Las Vegas.
7 sourcesJun 4Low
- Economy· World
U.S. job openings reach highest level in nearly two years amid economic uncertainty
U.S. job openings rose significantly in April 2026, indicating a potential recovery in the labor market. This increase follows a challenging year in 2025, where job growth was minimal, and is influenced by ongoing economic challenges related to the Iran war. The long-term implication suggests that employers may gradually adjust their hiring strategies, potentially leading to improved economic conditions in the coming months.
3 sourcesJun 4Low
- Economy· World
Oil Prices Surge Amid U.S.-Iran Military Escalation
On June 1, 2026, oil prices spiked sharply following a military exchange between the United States and Iran. This escalation was triggered by Iranian missile and drone attacks on U.S. bases, prompting retaliatory strikes from the U.S. targeting Iranian military installations. The long-term implication is a heightened risk of supply disruptions through the Strait of Hormuz, which could lead to sustained volatility in global oil markets.
11 sourcesJun 4Very High
- Economy· World
U.S. services sector growth accelerates in May as PMI rises to 54.5
The ISM's purchasing managers index for the U.S. services sector increased to 54.5 in May, indicating continued expansion. This growth is occurring despite rising input prices, which are a concern for businesses. If sustained, this trend could support overall economic stability but will require effective cost management by companies.
5 sourcesJun 3Low
- Economy· World
Japanese yen tests critical level of 160 against US dollar amid geopolitical tensions
The Japanese yen has reached the significant threshold of 160 per US dollar, raising concerns about potential intervention by Japanese authorities. This development is occurring due to the strengthening of the dollar, driven by ongoing geopolitical tensions in the Gulf region. Market participants are likely to remain vigilant as the Bank of Japan's upcoming speech could influence currency trading dynamics significantly.
6 sourcesJun 3Low
- Business· World
Medtronic reports increased profits but lowers future earnings guidance
Medtronic's fiscal fourth quarter earnings report revealed a profit and sales increase, surpassing analyst expectations. The company's future earnings guidance, however, fell short of market predictions, causing a decline in stock value. Investors will be closely watching for strategic adjustments to address these guidance concerns and maintain market confidence.
4 sourcesJun 3Low
- Business· World
Macy's Raises Full-Year Outlook Following Strong Q1 Performance
Macy's has reported higher profits and sales in the first quarter, prompting the company to raise its annual forecasts. This positive financial performance is attributed to the company's strategic focus on luxury products, which has successfully attracted affluent shoppers. Looking ahead, Macy's is likely to continue its growth trajectory in the luxury segment, potentially enhancing its market position further.
3 sourcesJun 3Low
- Business· UAE
RTA reports AED 5.3 billion in digital revenue for 2025
Dubai's Roads and Transport Authority (RTA) has announced a significant increase in digital revenue, reaching AED 5.3 billion in 2025. This growth is driven by a 20.6% rise in digital service adoption and the integration of artificial intelligence in service delivery. The long-term implication is that RTA's success in digital innovation will further solidify Dubai's position as a leader in smart city initiatives.
3 sourcesJun 3Low
- Economy· UAE
Dubai implements 5% VAT on toll and parking fees starting June 1, 2026
Dubai has introduced a 5% VAT on toll and parking fees effective June 1, 2026. This change is part of broader fiscal measures aimed at increasing government revenue in the UAE. The long-term implication may include shifts in driving behavior and increased transportation costs impacting the local economy.
3 sourcesJun 3Low
- Economy· UAE
UAE petrol prices rise by 8% leading to increased grocery costs
UAE petrol prices have increased by 8% in June, marking the highest level in nearly four years. This rise is driven by ongoing tensions between the US and Iran, which are impacting fuel costs in the region. As a result, consumers can expect further increases in the cost of essential goods, exacerbating the cost of living in the UAE.
4 sourcesJun 3Low
- Crypto· World
Bitcoin price drops to $73.7K as long-term holders reach record high
Bitcoin's price has dropped to around $73.7K, with significant support at $71.4K and resistance at $78.2K. The immediate cause of this fluctuation is a 9% decline since its peak of approximately $82,000 on May 6, despite a record high of 15.8 million long-term holders. The long-term implication suggests that if demand from new investors increases, Bitcoin could see future price appreciation.
3 sourcesJun 3Low
- Crypto· World
XRP Ledger Proposes Upgrade to Enhance DeFi Security Against Flash Loan Attacks
The XRP Ledger has introduced a proposal aimed at blocking flash loan attacks to improve the security of its decentralized finance applications. This initiative is driven by the need to address significant vulnerabilities that have led to substantial financial losses in the DeFi sector. Long-term, this focus on security could attract more developers and institutional investors, reshaping the landscape of decentralized finance.
3 sourcesJun 3Moderate
- Crypto· MENA
Coinbase launches direct INR deposits and withdrawals for Indian traders
Coinbase has opened direct access for Indian traders to deposit and withdraw in INR, marking a significant expansion in its services. This move is triggered by the growing demand in India's cryptocurrency market, which is valued at approximately $3 billion, and follows Coinbase's registration with the Financial Intelligence Unit in India. In the long term, this strategic entry is likely to intensify competition with local exchanges and necessitate navigation through evolving regulatory challenges.
3 sourcesJun 3Low