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
China's factory-gate prices reach highest level in 45 months amid rising global crude prices
China's producer price index has increased by 2.8% year-over-year, marking the fastest growth since the pandemic. This surge is primarily driven by escalating global crude oil prices, exacerbated by ongoing geopolitical tensions, particularly the Iran war. The long-term implication is that rising production costs may lead to increased consumer prices and potential disruptions in global supply chains.
3 sourcesMay 13Moderate
- Business· World
Apollo Global Management Negotiates Sale of $3 Billion Private Credit Fund Amid Financial Losses
Apollo Global Management is in discussions to sell a $3 billion private credit fund following significant financial losses reported by its subsidiary, MidCap Financial Investment Corp. The immediate trigger for these negotiations is the $61 million loss reported by MidCap, highlighting ongoing challenges in the private credit market. This strategic move may reshape Apollo's financial strategy and influence the broader investment landscape in the coming quarters.
3 sourcesMay 13Low
- Business· World
Wise Group Plc begins trading on Nasdaq after court-approved restructuring
Wise Group Plc has officially started trading on Nasdaq under the ticker WSE, marking its entry into the US market. This transition follows a court-approved restructuring and is aimed at expanding its investor base and capitalizing on the larger US stock market. The long-term implication is that Wise's performance on Nasdaq will be closely monitored, particularly as it seeks a US banking charter to enhance its operational strategy.
3 sourcesMay 13Low
- Business· World
General Motors settles $12.75 million lawsuit over customer data misuse
General Motors has agreed to a $12.75 million settlement in a class action lawsuit concerning the unauthorized sale of customer driving data. The lawsuit was triggered by allegations that GM sold driver location information to insurance companies without proper consent. This settlement may lead to increased scrutiny and regulatory changes regarding data privacy practices in the automotive industry.
3 sourcesMay 13Low
- Economy· World
Asian stock markets rise amid AI optimism and US-Iran tensions
Asian stock markets have advanced as traders express optimism surrounding artificial intelligence investments. This surge is occurring despite ongoing geopolitical tensions between the US and Iran, which have left peace negotiations stalled. The long-term implication suggests that market participants will closely monitor the upcoming US-China summit and further developments in the Iran situation for potential impacts on global economic conditions.
3 sourcesMay 13Low
- Business· World
JD.com reports return to profitability in Q1 2026 amid regulatory challenges
JD.com has posted better-than-expected profits and revenue in Q1 2026, marking a significant recovery from previous losses. This turnaround is attributed to strategic adjustments in response to regulatory measures from Beijing that have reshaped the competitive landscape in China's food delivery sector. Looking ahead, JD.com is likely to continue focusing on profitability and revenue growth as it navigates ongoing regulatory and competitive pressures in the e-commerce market.
3 sourcesMay 13Low
- Business· World
Fervo Energy raises $1.89 billion in successful IPO reflecting clean energy demand
Fervo Energy successfully raised $1.89 billion in its initial public offering in the United States. The IPO was driven by strong investor interest in clean energy solutions, particularly from AI data center operators. This significant funding is expected to bolster Fervo's growth in the geothermal energy sector and encourage further investments in renewable technologies.
4 sourcesMay 13Low
- Economy· World
Crude oil prices rise sharply after Trump rejects Iran's peace proposal
Oil prices surged following US President Donald Trump's rejection of Iran's counterproposal to end the ongoing conflict in the Middle East. This escalation is occurring now due to the ongoing closure of the Strait of Hormuz, which is significantly impacting global oil supply. As tensions persist, further fluctuations in oil prices are likely, affecting global economic stability and energy policies.
3 sourcesMay 13Moderate
- Economy· World
Modi Calls for Austerity Measures Amid Economic Pressures from Iran War
Indian Prime Minister Narendra Modi has urged citizens to refrain from purchasing gold and limit foreign travel as part of austerity measures to address economic pressures stemming from the ongoing Iran war. This initiative is triggered by rising oil import costs and aims to conserve foreign exchange reserves. The long-term implication may involve significant changes in consumer behavior and potential government policies to stabilize the economy.
10 sourcesMay 13Moderate
- Economy· World
Closure of the Strait of Hormuz Drives Oil Price Forecasts Higher
The ongoing closure of the Strait of Hormuz is leading to revised oil price forecasts, with estimates reaching as high as $150 per barrel. This situation is exacerbated by geopolitical tensions and the expectation that the Strait will remain closed through late May. As a result, the global oil market is preparing for potential price spikes and supply disruptions in the coming months.
3 sourcesMay 13High
- Business· World
Calbee to Switch to Monochrome Packaging Amid Iran War Supply Disruptions
Calbee has announced a temporary switch to black and white packaging for 14 products due to shortages of printing inks linked to the ongoing Iran war. This decision is prompted by significant disruptions in the supply of naphtha, a key ingredient for ink production, as global oil prices surge. The long-term implication may see other companies adapting their operations and packaging strategies in response to continued geopolitical tensions and resource shortages.
11 sourcesMay 13Very High
- Business· MENA
Saudi Aramco Reports 26% Year-over-Year Growth in Q1 2026 Adjusted Net Income
Saudi Aramco announced a 26% increase in adjusted net income for Q1 2026, reaching $33.6 billion. This growth is attributed to higher crude oil prices and increased sales volumes amid geopolitical tensions affecting the Strait of Hormuz. The results indicate Aramco's strategic resilience and may lead to further investments in infrastructure and energy projects in the region.
15 sourcesMay 13Low
- Economy· World
US inflation reaches highest level since 2023 driven by rising energy and food prices
U.S. consumer prices rose by 3.8% year-on-year in April 2026. This increase is primarily driven by significant hikes in gasoline and grocery costs, which have outpaced wage growth. The long-term implication may lead to further economic challenges for consumers and influence future monetary policy decisions.
4 sourcesMay 12Very High
- Economy· World
US inflation rate reaches 3.8%, highest in three years amid Iran conflict
U.S. inflation rose to 3.8% year-over-year in April 2026. This increase is primarily driven by rising energy costs and the ongoing conflict in Iran, which has created economic uncertainty. As inflation continues to rise, scrutiny on economic policies may lead to potential adjustments aimed at mitigating impacts on consumers and businesses.
4 sourcesMay 12High
- Business· UAE
UAE's Habshan gas facility restoration efforts ramp up following Iranian attacks
The Habshan gas facility in the UAE has sustained damage from Iranian attacks and is now undergoing significant restoration efforts. Adnoc Gas aims to restore 80% of the facility's capacity by the end of 2026, with full repairs expected by 2027. This situation highlights the ongoing impact of regional conflicts on energy exports and infrastructure stability in the Gulf region.
3 sourcesMay 12Low
- Business· World
Vodafone reports 8% revenue growth for FY26 driven by Africa and Three UK merger
Vodafone has announced an 8% increase in revenue for FY26, marking a significant recovery in its financial performance. This growth is attributed to strong operations in Africa and the successful consolidation of Three UK, which has bolstered service revenue. Looking ahead, Vodafone's strategic focus on key markets suggests continued growth potential despite challenges in foreign exchange and competition.
3 sourcesMay 12Low
- Business· UAE
Dubai opens new 500-meter bridge to alleviate traffic congestion
Dubai has inaugurated a new 500-meter bridge designed to significantly reduce traffic congestion in the area. This development is part of a broader traffic management strategy linked to the World Trade Centre, aiming to cut travel time from 8 minutes to just 2 minutes. Long-term, this infrastructure project is expected to enhance overall traffic efficiency and support the city's growth and development plans.
3 sourcesMay 12Low
- Business· World
Truth Social's Parent Company Reports Over $400 Million Losses in Q1 2026
Truth Social's parent company, Trump Media & Technology Group, has announced a net loss exceeding $400 million for the first quarter of 2026. This financial downturn is primarily driven by a significant decline in cryptocurrency values, which has severely impacted the company's revenue generation. The long-term implications suggest potential restructuring efforts as the company seeks to stabilize its operations and adapt to the challenging market conditions.
3 sourcesMay 12Moderate
- Economy· MENA
Saudi Arabia's industrial production declines 14.1% year-on-year in March 2026
Saudi Arabia's Industrial Production Index has decreased by 14.1% year-on-year in March 2026, primarily driven by a significant drop in the oil sector. This decline is occurring at this moment due to a 20% fall in oil activities, which has heavily impacted overall industrial output. The long-term implication suggests that Saudi Arabia may further invest in non-oil sectors to diversify its economy and mitigate future volatility.
3 sourcesMay 12Low
- Economy· World
Federal Reserve Warns of Economic Risks from Iran Conflict and Oil Price Shocks
The Federal Reserve has issued a warning about the significant risks posed by the ongoing conflict in Iran, particularly its impact on global oil prices. This warning comes as geopolitical tensions have escalated, leading to severe disruptions in energy markets and rising inflationary pressures. Long-term implications may include prolonged economic instability and potential shifts in U.S. monetary policy in response to these inflationary challenges.
3 sourcesMay 12Low