
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
4214 stories- Economy· World
Gold prices decline amid rising U.S. inflation and geopolitical tensions
Gold prices have fallen due to a combination of rising consumer inflation in the U.S. and ongoing tensions between the U.S. and Iran. This situation has been triggered by a recent acceleration in U.S. inflation, which has diminished expectations for monetary easing by the Federal Reserve. In the long term, these factors are likely to keep gold prices under pressure as investors reassess safe-haven assets amidst economic uncertainty.
3 sourcesMay 14Low
- Business· World
OpenAI executives disclose significant financial stakes during ongoing trial
Key OpenAI executives revealed their substantial financial interests in the company during a trial. This disclosure is occurring now as the trial progresses, raising questions about corporate governance and investment strategies. The long-term implication may involve increased scrutiny of OpenAI's business practices and potential shifts in its strategic decisions.
3 sourcesMay 14Low
- Economy· World
Modi Calls for Austerity Measures Amid Rising Global Energy Prices Linked to Iran War
Indian Prime Minister Narendra Modi has urged citizens to adopt austerity measures in response to rising global energy prices due to the ongoing Iran war. This call comes as India faces significant economic pressures, including a record low rupee and high inflation, prompting the government to seek ways to conserve foreign exchange. In the long term, these measures may reshape consumer behavior and economic policies in India as the government navigates the challenges posed by the energy crisis.
6 sourcesMay 14High
- Business· World
Byron Allen acquires majority stake in BuzzFeed and becomes CEO
Byron Allen has purchased a 52% stake in BuzzFeed for $120 million, marking a significant leadership change for the struggling digital media company. This acquisition comes as BuzzFeed faces ongoing financial challenges, prompting a strategic pivot under new management. The long-term implication is a potential redefinition of BuzzFeed's brand and business model, particularly with a focus on artificial intelligence integration.
7 sourcesMay 14Low
- Economy· World
Kevin Warsh Confirmed as Federal Reserve Chair by U.S. Senate
The U.S. Senate confirmed Kevin Warsh as the next Chair of the Federal Reserve in a narrow 54-45 vote. This confirmation follows President Trump's nomination amid rising inflation and concerns over monetary policy independence. Warsh's leadership is expected to influence future interest rate decisions and the Fed's approach to inflation management.
43 sourcesMay 14Very High
- Economy· World
U.S. crude oil inventories decline by 4.3 million barrels marking third consecutive weekly drop
U.S. crude oil inventories fell by 4.3 million barrels in the week ending May 8. This significant drop exceeded analysts' expectations and reflects ongoing changes in supply and demand dynamics in the oil market. Continued declines in inventory levels may lead to upward pressure on crude oil prices in the near future.
3 sourcesMay 13Moderate
- Economy· World
US wholesale inflation rises to 6%, highest since 2022
The producer price index in the United States has surged to 6%, marking the largest annual increase in over three years. This unexpected rise is driven by escalating fuel and freight costs, influenced by ongoing geopolitical tensions such as the Iran war. The Federal Reserve may need to reassess its monetary policy strategies in response to these inflationary pressures, potentially impacting the broader economy and financial markets.
3 sourcesMay 13Very High
- Economy· MENA
Saudi ports experience 34.58% decline in cargo throughput in April 2026
Saudi ports reported a total cargo throughput of 14,532,970 tons in April 2026, marking a significant 34.58% decrease from the same month last year. This decline is attributed to reduced container traffic and passenger numbers, despite an increase in livestock imports. The long-term implication suggests potential economic challenges for the maritime and logistics sectors in Saudi Arabia, prompting stakeholders to seek new growth opportunities.
3 sourcesMay 13Low
- Business· UAE
UAE extends e-invoicing compliance deadline to October 2026
The UAE has extended the deadline for businesses to comply with e-invoicing regulations to October 2026. This decision provides businesses with additional time to adapt to the new invoicing system, which is part of the country's broader efforts to enhance tax compliance. The long-term implication is that this extension may lead to improved financial transparency and compliance among businesses in the region.
3 sourcesMay 13Low
- Business· UAE
Saudi Aramco reports 26% increase in Q1 2026 net income to 126 billion riyals
Saudi Aramco announced its Q1 2026 financial results, revealing a net income of 126 billion riyals, a 26% increase from the previous year. This growth is attributed to the company's operational resilience and strategic investments amid a complex geopolitical landscape. Looking ahead, Aramco is expected to continue focusing on strategic growth and infrastructure development to meet global energy demands.
3 sourcesMay 13Low
- Economy· MENA
Saudi Arabia's bank credit reaches record high of 3.335 trillion riyals
Bank credit in Saudi Arabia has surged to 3.335 trillion riyals by the end of February 2026, marking a 9.6% annual increase. This growth is driven by strong economic activity and investment aligned with the Kingdom's Vision 2030 objectives. The sustained rise in bank credit is expected to further stimulate economic growth and diversification efforts in the region.
3 sourcesMay 13Low
- Economy· World
Gold prices rise amid geopolitical tensions and anticipation of US inflation data
On May 12, 2026, gold prices increased by 0.5% to $4757.59 per ounce as markets reacted to geopolitical tensions in the Middle East and awaited critical US inflation data. The immediate trigger for this rise is the weakening US dollar and the upcoming meeting between US President Donald Trump and Chinese President Xi Jinping. In the long term, the gold market is likely to remain sensitive to geopolitical events and economic data releases, influencing investor sentiment and market fluctuations.
5 sourcesMay 13Low
- Business· MENA
ADNOC Gas and Saudi Aramco report strong Q1 2026 financial results
ADNOC Gas and Saudi Aramco announced their financial results for the first quarter of 2026, showcasing significant profits amid geopolitical challenges. The immediate trigger for this performance is the rise in oil prices and strong market demand, which has positively impacted both companies' revenues. This trend suggests a robust outlook for the oil and gas sector, indicating that these companies are well-positioned for future market fluctuations.
5 sourcesMay 13Low
- Business· World
Trump Media reports $405.9 million loss driven by cryptocurrency markdowns
Trump Media & Technology Group has reported a net loss of $405.9 million for the first quarter of 2026, primarily due to significant markdowns on its cryptocurrency investments. This financial setback is occurring now as the company grapples with the consequences of its aggressive crypto strategy, which has seen its stock plummet over 90% since early 2022. In the long term, these losses may force Trump Media to reevaluate its investment approach in cryptocurrencies and adapt to the volatile market conditions.
4 sourcesMay 13Low
- Business· World
Kuaishou Technology announces plans for $20 billion IPO of Kling AI video unit in 2027
Kuaishou Technology has revealed its intention to spin off its Kling AI video unit through an initial public offering targeted for 2027. This move is driven by the company's efforts to secure approximately $2 billion in pre-IPO funding amid strong investor interest, despite facing regulatory challenges in China. If successful, this IPO could significantly enhance Kuaishou's position in the AI video market and attract further investments in the technology sector.
3 sourcesMay 13Low
- Crypto· World
Bitcoin Surpasses $80,000 Mark for First Time Since January
Bitcoin's price has surged above $80,000, reaching a high of $82,436 before entering a consolidation phase. This bullish momentum is driven by the cryptocurrency breaking through key resistance levels and establishing new support. If Bitcoin maintains its position above critical support levels, it could see further price increases in the coming days.
3 sourcesMay 13Moderate
- Crypto· MENA
South Korean cryptocurrency holdings decline by over $41 billion as investors shift to stocks
South Korean investors have reduced their cryptocurrency holdings from $83 billion to $41 billion within the past year. This shift is driven by market volatility and new tax and anti-money laundering regulations that are pressuring the cryptocurrency market. The long-term implication may see a continued trend of investors favoring more stable stock investments over cryptocurrencies unless market conditions improve significantly.
3 sourcesMay 13Low
- Business· World
Anthropic Warns Investors of Unauthorized Stock Sales Ahead of IPO
Anthropic has issued a warning to investors about unauthorized stock sales, declaring any transactions through certain secondary markets as void. This alert comes as the company prepares for a potential IPO, aiming to protect investors from fraudulent activities. In the long term, these measures may enhance investor confidence and safeguard the integrity of the market as Anthropic moves forward with its IPO plans.
4 sourcesMay 13High
- Business· MENA
Qatar exports first LNG shipment through Strait of Hormuz since Iran conflict began
Qatar has successfully dispatched its first liquefied natural gas shipment through the Strait of Hormuz since the onset of the Iran conflict. This significant event is occurring now as Qatar navigates a Tehran-approved route amidst heightened tensions in the region. The successful transit may encourage further LNG shipments from Qatar, potentially stabilizing energy supplies and influencing future trade dynamics in the Middle East.
4 sourcesMay 13High
- Economy· World
Pimco warns Iran conflict may lead to Federal Reserve interest rate hikes
Pimco's Chief Investment Officer has indicated that the ongoing war in Iran could influence the Federal Reserve's monetary policy, potentially delaying interest-rate cuts or prompting rate hikes. This concern is driven by rising energy prices resulting from geopolitical tensions, which are affecting global economies. In the long term, market participants should prepare for significant shifts in monetary policy as central banks respond to these economic disruptions.
3 sourcesMay 13Low