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
5886 stories- Crypto· World
Strategy increases Bitcoin holdings to over 846,000 BTC amid market recovery
Michael Saylor announced that Strategy's Bitcoin holdings have surged to 846,842 BTC, reflecting a significant recovery since the market downturn in 2022. This increase is driven by the company's robust reserve buffer of approximately $48 billion, enabling it to navigate financial pressures effectively. As Strategy continues to expand its Bitcoin treasury, it is likely to influence market dynamics and investor sentiment in the cryptocurrency sector.
4 sourcesJun 22
- Business· World
Hyundai Motor Group acquires SoftBank's remaining stake in Boston Dynamics for $325 million
Hyundai Motor Group has announced its acquisition of SoftBank's remaining 9.65% stake in Boston Dynamics, making the robotics company a wholly owned subsidiary. This strategic move is driven by Hyundai's ambition to enhance its capabilities in the robotics sector at this pivotal moment in technological advancement. The long-term implication is that Hyundai is positioning itself to become a leader in robotics, potentially transforming various industries through innovative applications of Boston Dynamics' technology.
3 sourcesJun 22
- Business· World
MDA Space acquires Blue Canyon Technologies for $620 million
MDA Space has announced its acquisition of Blue Canyon Technologies for $620 million, marking a significant expansion in its aerospace capabilities. This strategic move is driven by MDA's goal to enhance its business pipeline, projected to reach $3.5 billion. The acquisition positions MDA to leverage new technologies and potentially secure future contracts in the evolving space market.
3 sourcesJun 22
- Business· World
Prosus NV anticipates 28% rise in core earnings driven by e-commerce and Tencent investment
Prosus NV has reported a significant rise in core earnings, driven by growth in its e-commerce sector and an increase in the value of its investment in Tencent. The company expects this earnings surge of up to 28% for the fiscal year ending March 31, 2026, due to strong internal operations and favorable external investments. This growth trajectory positions Prosus to expand its market presence and capitalize on its investments in the tech and e-commerce sectors.
3 sourcesJun 22
- Business· World
Jio Platforms files for record IPO aiming to raise $3.8 billion
Jio Platforms has filed regulatory papers for an IPO that could raise approximately $3.8 billion, potentially making it the largest in India's history. This move is driven by the company's strategy to significantly reduce its debt by nearly $3 billion using the IPO proceeds. The successful launch of this IPO could reshape the Indian telecom landscape and set new market trends for future offerings.
3 sourcesJun 22
- Business· World
Jane Street expands AI investments and workforce amid trading evolution
Jane Street is aggressively expanding its operations and investments in AI technology. This shift is driven by the firm's strategic goal to enhance trading capabilities and grow its investment portfolio, highlighted by a $1 billion investment in CoreWeave. Long-term, this expansion is likely to reshape trading practices and increase competition within the financial markets.
3 sourcesJun 22
- Economy· World
Goldman Sachs lowers year-end gold price target to $4,900 amid Federal Reserve's interest rate policy
Goldman Sachs has revised its year-end gold price target down by $500 to $4,900 per ounce. This adjustment is triggered by the Federal Reserve's decision to maintain interest rates, which is expected to exert ongoing pressure on gold prices. In the long term, this could lead to increased volatility in both gold and cryptocurrency markets as investors react to monetary policy developments.
3 sourcesJun 22
- Business· World
SpaceX's IPO valuation reaches $1.77 trillion amid stock volatility
SpaceX launched its IPO with a historic valuation of $1.77 trillion but experienced a stock price decline shortly thereafter. This volatility is attributed to investor concerns regarding the sustainability of such a high valuation and its implications for retirement savings. The long-term outlook suggests that SpaceX will need to stabilize its stock performance to maintain investor confidence and secure its market position.
5 sourcesJun 22
- Economy· MENA
Oil shipments through the Strait of Hormuz remain unaffected despite Iranian closure claims
Oil continues to flow through the Strait of Hormuz, a critical chokepoint for global oil shipments. This situation arises as Iranian assertions of a closure have not materialized, prompting oil producers to seek alternative logistics. The long-term implication is a potential shift in oil supply chains and pricing dynamics as Asian buyers face increased pressure to secure shipments from the region.
5 sourcesJun 22
- Business· World
Reliance Jio Platforms files for record $3.8 billion IPO in India
Reliance Jio Platforms has announced its intention to launch an IPO aiming to raise approximately $3.8 billion, potentially the largest in India's history. This move comes as the company seeks to repay debt and invest in technology and infrastructure amid fluctuating market conditions. The success of this IPO could significantly influence investor sentiment and future capital market activities in India.
3 sourcesJun 22
- Economy· World
Bank of Russia cuts key interest rate to 14.25% amid economic contraction
The Bank of Russia has lowered its key interest rate to 14.25% in response to a temporary economic contraction and slowing inflation. This decision, marking the ninth consecutive rate cut, aims to stimulate investment in Russian equities despite ongoing inflation volatility. The long-term implications will depend on how inflation trends evolve and the global economic environment.
3 sourcesJun 22
- Economy· World
Cuba enacts major economic reforms to attract foreign investment
Cuba has approved a comprehensive package of economic reforms aimed at liberalizing its economy and attracting private investment. This shift comes in response to the country's worst economic crisis in decades, characterized by severe shortages and blackouts. If successful, these reforms could lead to increased economic stability and growth, fundamentally altering Cuba's economic landscape.
3 sourcesJun 22
- Economy· World
Canada imposes 10% tariff on canned vegetable imports to protect domestic agriculture
Canada has implemented a temporary 10% tariff on canned vegetable imports to support its domestic agricultural sector. This measure is triggered by the need to bolster local growers and food processors while adhering to international trade obligations. Long-term, this tariff may lead to increased domestic production but could strain relations with affected international suppliers.
3 sourcesJun 22
- Economy· World
EU leaders agree to strengthen trade defenses against rising Chinese exports
EU leaders have decided to bolster trade defenses in response to a significant surge in Chinese exports that threatens local industries. This decision comes amid a growing trade deficit with China, which reached approximately 360 billion euros last year. The long-term implication may lead to a more confrontational stance in EU-China trade relations, potentially escalating tensions and reshaping future trade dynamics.
3 sourcesJun 22
- Business· UAE
Explosion at Qatar's Ras Laffan Industrial City Injures Multiple Workers
An explosion and fire occurred at Qatar's Ras Laffan Industrial City, resulting in several injuries. Authorities have attributed the incident to a technical malfunction, with no gas leak detected. This incident highlights the urgent need for enhanced safety protocols in Qatar's critical industrial sectors.
3 sourcesJun 22
- Economy· World
Gold prices rise over 1% following US-Iran agreement to end hostilities
Gold prices increased by more than 1% due to falling oil prices after a US-Iran agreement. The agreement has led to a decrease in oil prices, easing inflation concerns in the market. As geopolitical tensions ease, gold and other precious metals may continue to attract investor interest, leading to further price fluctuations in the coming weeks.
3 sourcesJun 21
- Economy· World
Oil prices decline following US-Iran agreement and Strait of Hormuz reopening
Oil prices have fallen sharply due to a recent agreement between the United States and Iran, which has led to the reopening of the Strait of Hormuz. This geopolitical development is occurring now as both nations seek to stabilize regional tensions and enhance oil supply. In the long term, the oil market is expected to remain volatile as stakeholders monitor ongoing geopolitical dynamics and supply chain shifts.
4 sourcesJun 21
- Economy· UAE
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan inaugurates Al Samha Housing Project in Abu Dhabi
The Al Samha Housing Project was officially launched by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. This initiative is part of the Emirati Neighbourhood Initiative aimed at enhancing family stability and community integration. Long-term, this project reflects Abu Dhabi's commitment to sustainable urban development and improving the quality of life for its citizens.
3 sourcesJun 21
- Economy· UAE
UAE Ministry of Finance launches Strategic Plan 2027-2029
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum officially launched the Ministry of Finance's Strategic Plan for 2027-2029. This initiative is driven by the need to enhance public financial management and align with the UAE's long-term ambitions. The plan is expected to position the UAE for improved financial governance and competitiveness in the global economic landscape.
3 sourcesJun 21
- Economy· World
Gold prices decline for third consecutive week amid strong US dollar
Gold prices fell over 2% on Friday, indicating a potential third weekly loss. This decline is primarily driven by the strengthening US dollar, which is negatively impacting gold and other precious metals. If the dollar's strength continues, gold prices may face further challenges, prompting investors to reassess their strategies in the precious metals market.
3 sourcesJun 21