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
4272 stories- Economy· World
U.S. stocks decline as oil prices fluctuate amid Iran conflict tensions
U.S. stocks fell after reaching record highs due to fluctuating oil prices linked to ongoing tensions from the Iran conflict. This decline is driven by investor uncertainty regarding potential peace talks and their implications for the market. Long-term, the situation may lead to increased volatility in both oil prices and stock market performance as developments unfold in the Iran conflict.
4 sourcesMay 10Low
- Business· World
Whirlpool Corp reports significant revenue decline due to Iran war impact on consumer confidence
Whirlpool Corp has experienced a nearly 10% drop in revenue linked to a collapse in consumer confidence stemming from the ongoing war in Iran. This downturn has prompted the company to cut its earnings forecast and implement price increases to stabilize its North American operations. The long-term outlook for Whirlpool will depend on the recovery of consumer confidence and the resolution of geopolitical tensions in the region.
5 sourcesMay 10Low
- Business· World
NTSB data reveals intentional fuel cut-off in China Eastern Airlines crash
Newly released NTSB data indicates that the 2022 crash of a China Eastern Airlines jet involved intentional fuel cut-off and a struggle for control in the cockpit. This revelation comes as investigators continue to examine the circumstances surrounding the tragic incident that resulted in the loss of all 132 passengers and crew. The findings are likely to prompt increased scrutiny and potential regulatory changes in aviation safety protocols.
3 sourcesMay 10Low
- Economy· World
AI Drives Significant Job Cuts in US Technology Sector
In April 2026, companies in the United States announced 83,387 job cuts, with artificial intelligence cited as a major factor. This surge in layoffs, which represents a 38% increase from March, reflects growing concerns about AI's impact on the workforce. As businesses adapt to new technologies, the trend of AI-driven layoffs is likely to continue, prompting discussions on workforce adaptation and potential regulatory measures.
3 sourcesMay 10Moderate
- Economy· World
South Korea's Kospi index surpasses 7000 points for the first time
The Kospi index has reached a historic milestone by exceeding 7,000 points, driven by a nearly 13% surge in Samsung Electronics stock. This surge is occurring amid positive market sentiment fueled by hopes for easing geopolitical tensions in the Middle East and favorable conditions from U.S. markets. The long-term implication may be increased investment in South Korea's technology sector as confidence in the market grows.
3 sourcesMay 9Moderate
- Business· World
Airlines Cut 13,000 Flights Globally Amid Jet Fuel Price Surge Linked to Iran Conflict
Airlines have reduced their flight schedules by 13,000 globally due to a dramatic increase in jet fuel prices resulting from the ongoing conflict in the Middle East. This surge in fuel costs has doubled since the onset of the war in Iran, prompting immediate operational adjustments by airlines. As the situation develops, the aviation industry faces potential long-term disruptions and a looming fuel shortage that could significantly impact global air travel.
4 sourcesMay 9Low
- Crypto· World
World Liberty Financial sues Justin Sun for defamation amid smear campaign allegations
World Liberty Financial has initiated a defamation lawsuit against billionaire Justin Sun, accusing him of orchestrating a smear campaign against the firm. This legal action comes at a time when the cryptocurrency market is under scrutiny, and the firm's co-founders, including Donald Trump Jr., are publicly defending its reputation. The outcome of this lawsuit could significantly influence the future credibility and operational stability of World Liberty Financial in the crypto sector.
3 sourcesMay 9Low
- Business· World
Man Charged with Defrauding Billionaire Ricardo Salinas of $450 Million
Vladimir Sklarov has been charged with defrauding billionaire Ricardo Salinas Pliego out of approximately $450 million by falsely claiming ties to the Astor family. The immediate trigger for the charges was Sklarov's establishment of a sham company and a bogus stock-backed loan scheme that misled Salinas into securing the loan. This case is likely to prompt increased scrutiny of financial practices and due diligence in high-stakes transactions involving prominent individuals.
3 sourcesMay 9Low
- Business· World
Disney reports 7% revenue growth under new CEO Josh D’Amaro
Disney's latest earnings report reveals a 7% increase in revenue and a significant rise in streaming income, marking a positive start for new CEO Josh D’Amaro. This growth is driven by a strategic shift towards streaming services and adapting to changing consumer preferences. In the long term, Disney is likely to continue focusing on technological integration and enhancing consumer experiences to strengthen its market position.
7 sourcesMay 9Low
- Economy· World
California faces oil supply crisis as last Middle Eastern tanker arrives
California has received its final oil shipment from the Middle East, delivering 2 million barrels of crude oil amid rising gas prices exceeding $6 per gallon. This critical delivery comes as geopolitical tensions threaten future shipments through the Strait of Hormuz. The long-term implications suggest that California's fuel availability and pricing will heavily depend on the outcomes of ongoing U.S.-Iran negotiations.
3 sourcesMay 9Moderate
- Economy· World
U.S. gasoline prices surge 52% amid Iran conflict
Gasoline prices in the U.S. have risen to approximately $4.54 per gallon, marking a 52% increase since the onset of the Iran war. This spike is driven by supply disruptions and heightened geopolitical tensions following military actions involving the U.S. and Israel against Iran. As the conflict continues, volatility in gasoline prices is expected to impact consumers and the broader economy significantly.
7 sourcesMay 9Low
- Crypto· World
California Man Sentenced for $250 Million Cryptocurrency Theft Conspiracy
A 20-year-old California man has been sentenced to 78 months in federal prison for his involvement in a massive cryptocurrency theft conspiracy that stole over $250 million. This sentencing comes amid rising concerns over the effectiveness of current security measures against social engineering tactics used by cybercriminals. The case underscores the urgent need for enhanced protective measures and potential legislative changes in cryptocurrency security.
3 sourcesMay 9Moderate
- Crypto· World
Bitcoin Falls Below $80,000 Amid Geopolitical Tensions and Profit-Taking
Bitcoin's price has dropped below the $80,000 mark due to heightened geopolitical tensions and traders cashing out. The immediate trigger for this decline was U.S. military strikes in Iran, which negatively impacted market sentiment and led to significant liquidations in futures contracts. In the long term, the cryptocurrency market's stability will depend on Bitcoin's ability to reclaim this critical price level amidst ongoing geopolitical concerns.
4 sourcesMay 8Moderate
- Economy· World
German industrial output declines for second consecutive month amid Iran war impact
German industrial production fell by 0.7% in March, marking the second month of unexpected decline. This downturn is primarily driven by the ongoing conflict in Iran, which has led to rising energy prices affecting the manufacturing sector. The long-term implication suggests that Germany's economic recovery may be hindered, impacting broader European economic stability.
3 sourcesMay 8Low
- Business· UAE
IFFCO Group in Dubai faces provisional liquidation amid $2 billion debt crisis
IFFCO Group is moving toward provisional liquidation due to a significant debt crisis amounting to $2 billion. This financial turmoil is occurring now as the company struggles to manage its overwhelming liabilities. The long-term implication could reshape the food industry landscape in the Gulf, affecting suppliers and the broader economy.
3 sourcesMay 8Low
- Business· UAE
Man Group Establishes Operations in Abu Dhabi Financial Hub
Man Group has announced plans to set up operations in Abu Dhabi, marking a significant expansion for the world's largest listed hedge fund manager. This move is driven by the growing recognition of the Abu Dhabi Global Market as a key financial center in the Middle East. The long-term implication is an expected increase in competition and investment opportunities within the region's financial sector as more global players enter the market.
3 sourcesMay 8Low
- Business· MENA
Saudi Arabia sees 102% increase in individual patent applications for 2025
The Saudi Authority for Intellectual Property has reported a record 102% increase in individual patent applications for the year 2025. This surge is driven by enhanced digital filing processes and a growing awareness of the importance of intellectual property among innovators. In the long term, this trend is likely to bolster Saudi Arabia's position as a hub for innovation and attract more global technology companies.
3 sourcesMay 8Low
- Economy· UAE
UAE announces major investment in desalination plants to enhance water security
The UAE has initiated the construction of multiple desalination plants, including a Dh1 billion facility in Fujairah and a $285 million plant by EtihadWE. This move is driven by the urgent need to meet increasing water demand due to population growth and climate change. Long-term, these projects are expected to significantly bolster the UAE's water security and set a benchmark for sustainable water management in arid regions.
3 sourcesMay 8Low
- Business· UAE
Fire at Dubai Marina construction site contained with no injuries reported
A fire broke out at an under-construction tower in Dubai Marina on May 6, 2026. The rapid response from Dubai Civil Defence crews ensured that the fire was brought under control quickly, preventing any injuries. This incident highlights the need for ongoing reviews of safety protocols in construction to mitigate future risks.
3 sourcesMay 8Low
- Economy· MENA
Saudi Arabia Reports 125.7 Billion SAR Budget Deficit for Q1 2026
Saudi Arabia's Ministry of Finance announced a budget deficit of 125.7 billion SAR for the first quarter of 2026. This deficit is attributed to a 1 percent decline in total revenues due to lower oil income, despite a 20 percent increase in expenditures aimed at supporting Vision 2030 initiatives. The long-term implication suggests a continued reliance on borrowing to finance deficits, potentially impacting public debt levels and fiscal sustainability in the future.
6 sourcesMay 8Low