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
8632 stories- Economy· MENA
Saudi Arabia rebrands street vendors as mobile merchants under new regulations
The Saudi Ministry of Municipalities and Housing has replaced the term 'street vendor' with 'mobile merchant' as part of new regulations aimed at enhancing urban landscapes. This change is occurring now to improve compliance and reduce random practices in mobile trading, reflecting a shift towards a more professional approach. Long-term, this initiative is expected to empower individuals and stimulate economic growth in urban areas through organized mobile trading activities.
3 sourcesApr 29Low
- Business· UAE
UAE retains top global ranking in entrepreneurship for fifth year
The UAE has been ranked first globally in entrepreneurship for the fifth consecutive year according to the Global Entrepreneurship Monitor report. This achievement is attributed to the country's strong entrepreneurial ecosystem, bolstered by supportive government policies and financial systems. Looking ahead, the UAE is expected to further enhance its position as a global hub for innovation and entrepreneurship through strategic initiatives.
3 sourcesApr 29Low
- Business· UAE
Prominent Indian Businessman Vasu Shroff Passes Away at 85
Vasu Shroff, a key figure in Dubai's textile industry and the Indian expatriate community, has died at the age of 85. His passing is attributed to natural causes, marking the end of an era for the local business landscape he significantly shaped. The long-term implication is that his legacy will likely inspire future generations of entrepreneurs in Dubai's evolving economy.
3 sourcesApr 29Low
- Economy· MENA
Saudi stock market rises amid strong petrochemical trading activity
The Saudi stock market index increased by nearly 47 points, closing at 11168.51, driven by significant trading activity in the petrochemical sector, particularly from Betero Rabigh. This surge follows a period of market recovery and reflects growing investor confidence. The long-term implication suggests potential for continued growth in the Saudi stock market, especially within the petrochemical industry.
3 sourcesApr 29Low
- Economy· MENA
Saudi Arabia reports alarming levels of workplace stress and health issues
The General Authority for Statistics in Saudi Arabia has released findings indicating that 6.04% of employees are experiencing job-related stress, highlighting significant health and safety concerns. This surge in reported stress levels is prompting organizations to reassess workplace conditions and mental health support systems. In the long term, companies are likely to invest more in employee wellness programs to enhance productivity and job satisfaction.
3 sourcesApr 29Low
- Crypto· World
Ethereum Foundation Unstakes 17,035 ETH Amid Market Concerns
The Ethereum Foundation has unstaked 17,035 ETH, valued at approximately $40 million, raising alarms about potential market volatility. This decision follows the foundation nearing its staking target of 70,000 ETH, prompting speculation about its impact on ETH's price stability. In the long term, this move may lead to increased selling pressure and a reassessment of ETH's market trajectory by analysts and investors.
5 sourcesApr 29Low
- Crypto· World
Ethereum price dips below $2,300 amid aggressive buying interest
Ethereum's price has recently dipped below $2,300, raising concerns about its ability to maintain support. This shift is occurring as traders observe a divergence in the Taker Buy Sell Ratio, indicating strong buying interest despite the price decline. The long-term implication suggests that Ethereum's ability to reclaim the $2,400 resistance level will be crucial for its future price trajectory.
3 sourcesApr 29Low
- Crypto· World
KelpDAO exploit triggers $892 million outflow from stablecoin market
The KelpDAO exploit has led to Tether freezing $344 million in USDT, resulting in a significant $892 million outflow from the stablecoin market. This incident is occurring now due to the breach's immediate impact on investor confidence and the stability of decentralized finance. In the long term, this may prompt increased regulatory scrutiny and reshape the landscape of cryptocurrency trading and investment.
3 sourcesApr 29Low
- Crypto· World
Litecoin experiences major security breach due to MWEB bug exploitation
Litecoin has reported a significant security incident involving a bug in its Mimblewimble Extension Block that allowed an attacker to fabricate an 85,034 LTC pegout and caused a 13-block chain reorganization. This event is occurring now as developers are addressing vulnerabilities that have raised concerns about the security of blockchain technologies. In the long term, the incident is likely to prompt enhanced security measures across the cryptocurrency industry to prevent similar exploits in the future.
3 sourcesApr 29Low
- Business· World
Investors Reassess Software Company Valuations Amid AI Disruption Concerns
Investors are currently sorting software companies into winners and losers due to growing concerns about the impact of artificial intelligence on their valuations and loan performance. This scrutiny follows an analysis of 100 actively traded software company loans, revealing sector-wide price pressure as firms seek defensive strategies. The long-term implication is a potential shift in market dynamics as companies adapt to the evolving challenges posed by AI technology.
3 sourcesApr 29Low
- Economy· World
Asian markets react to rising oil prices and AI sector optimism amid geopolitical tensions
Oil prices have increased by approximately two dollars due to ongoing geopolitical tensions in the Strait of Hormuz. This rise is occurring as investor sentiment is buoyed by optimism surrounding the artificial intelligence sector, despite stalled US-Iran peace negotiations. In the long term, developments in these negotiations and advancements in AI technology are likely to significantly influence market dynamics and investment strategies.
3 sourcesApr 29Low
- Business· World
Tim Cook announces resignation as Apple's CEO effective September 2026
Apple's CEO Tim Cook has announced his resignation, with John Ternus set to succeed him on September 1, 2026. This leadership change comes as Ternus faces significant challenges in the Chinese market and must navigate complex geopolitical dynamics. The transition is expected to impact Apple's innovation strategies and market positioning in the long term.
4 sourcesApr 29Low
- Business· World
Spirit Airlines and budget carriers seek financial relief amid bankruptcy challenges
Spirit Airlines is negotiating with the Trump administration for financial assistance as it navigates bankruptcy proceedings. The immediate trigger for these discussions is the support from two creditor groups for a proposed $500 million bailout, alongside a broader request for $2.5 billion from other budget airlines to cover operational costs. The long-term implication is that the outcome of these negotiations will significantly influence the viability of budget airlines in the U.S. airline industry.
3 sourcesApr 29Moderate
- Economy· World
World Bank forecasts 24% rise in energy prices by 2026 amid geopolitical tensions
The World Bank has projected a 24% increase in energy prices by 2026, marking the highest levels since the Russian invasion of Ukraine. This surge is driven by ongoing geopolitical tensions and supply chain disruptions, particularly in the Middle East. If current conflicts persist, stakeholders should brace for further volatility in energy markets and potential supply chain challenges.
3 sourcesApr 29Moderate
- Economy· MENA
UAE Exits OPEC as Oil Prices Surge Past $100 a Barrel
Oil prices have surged past $100 a barrel following the UAE's decision to exit OPEC. This move, coupled with stalled negotiations between the U.S. and Iran, has raised concerns over potential supply disruptions in the Middle East. The long-term implication is likely increased volatility in global oil markets and broader economic impacts as traders react to these geopolitical shifts.
3 sourcesApr 29Low
- Economy· World
Federal Reserve Expected to Maintain Interest Rates Amid Rising Inflation Concerns
The Federal Reserve is poised to hold interest rates steady during what may be Jerome Powell's final meeting as chair, as inflation expectations rise due to climbing oil prices. This decision comes at a critical moment as Powell's term nears its end and inflation remains above target levels. The Fed's approach signals a cautious strategy in managing inflation while considering future economic conditions and potential rate hikes if inflation accelerates.
4 sourcesApr 29Moderate
- Economy· World
WSJ Dollar Index Rises Amid Geopolitical Tensions and BOJ Policy Decision
The WSJ Dollar Index increased by 0.2% to 95.55, marking a recovery from previous declines. This shift is driven by heightened safe-haven demand due to escalating geopolitical tensions involving the U.S. and Iran, alongside the Bank of Japan's decision to maintain interest rates. Long-term, traders should prepare for potential interest rate changes from the Bank of Japan and further developments in U.S.-Iran relations that could impact currency markets.
4 sourcesApr 29Low
- Economy· World
UK government warns of prolonged price increases due to Iran conflict
UK officials have announced that food, fuel, and flight prices are expected to remain elevated for at least eight months following the ongoing conflict in Iran. This warning comes as disruptions in the Strait of Hormuz continue to impact global oil and gas supplies. The long-term implication is that households will need to prepare for sustained economic challenges as the government implements measures to stabilize supply chains.
3 sourcesApr 29Low
- Business· UAE
UAE Withdraws from OPEC and OPEC+ to Enhance Production Flexibility
The United Arab Emirates announced its withdrawal from OPEC and OPEC+, effective May 1, 2026. This decision is driven by long-standing disputes over production quotas that have limited the UAE's ability to meet market demand and align with its national energy strategy. In the long term, this move is expected to enhance the UAE's production flexibility and could shift the dynamics of the global oil market amid ongoing geopolitical tensions.
65 sourcesApr 29Very High
- Economy· World
U.S. Gasoline Prices Surge to $4.18 per Gallon Amid Ongoing Iran War
U.S. gasoline prices have reached a national average of $4.18 per gallon, the highest since the onset of the Iran War. This spike is driven by significant disruptions in global oil supplies due to the conflict, particularly affecting shipping routes through the Strait of Hormuz. The long-term implication is likely a sustained period of high fuel prices, impacting consumer behavior and inflation rates across the economy.
8 sourcesApr 29High