
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- Economy· World
Kevin Warsh appointed as new Chair of the Federal Reserve
Kevin Warsh has assumed the role of Chair of the Federal Reserve, signaling a significant shift in U.S. monetary policy. His immediate focus on a streamlined decision-making process and the Fed's balance sheet is driving this change at this moment. This leadership transition is likely to tighten financial conditions and impact risk assets in the long term.
5 sourcesJun 20
- Economy· World
Central banks continue interest rate hikes despite Iran energy deal
Central banks globally are raising borrowing costs, disregarding the recent Iran deal aimed at stabilizing energy prices. This decision is driven by persistent inflation concerns that policymakers believe the deal does not adequately address. In the long term, this cautious approach may hinder economic recovery and market stability as central banks prioritize inflation control over immediate relief measures.
3 sourcesJun 20
- Business· World
Allbirds rebrands as Smartbird and shifts focus to artificial intelligence
Allbirds has officially rebranded itself as Smartbird and is pivoting from its original sneaker business to focus on artificial intelligence. This transition is led by new CEO Nadia Carlsten, who aims to leverage her experience in AI infrastructure to guide the company in this new direction. The long-term implication of this shift may signal a broader trend of traditional companies exploring AI opportunities as they adapt to the evolving technological landscape.
5 sourcesJun 20
- Economy· World
Oil prices decline amid uncertainty over U.S.-Iran peace deal
Oil prices are on track for a second consecutive weekly decline as uncertainty looms over the U.S.-Iran deal. This fluctuation is triggered by traders' cautious reactions to the potential benefits and risks associated with the agreement aimed at stabilizing the region. The long-term implication suggests that the oil market will continue to experience volatility, heavily influenced by geopolitical developments in the Middle East.
6 sourcesJun 20
- Economy· World
IEA Forecasts Oil Market Surplus Following Potential Middle East Peace Deal
The International Energy Agency predicts a significant surplus in global oil supply due to a potential peace agreement in the Middle East. This forecast is triggered by the anticipated reopening of the Strait of Hormuz, which has been a critical chokepoint for oil production. If the peace deal is realized, it could lead to a major shift in global energy strategies as countries adapt to increased supply levels by 2027.
5 sourcesJun 20
- Business· World
BBC announces 550 job cuts as part of £500 million restructuring plan
The BBC has revealed plans to cut 550 roles and review its broadcast TV and radio programmes. This decision is driven by declining audiences for traditional broadcast content and a shift towards online media consumption. The long-term implication may involve a significant transformation in the BBC's programming and its role in the media landscape as it seeks financial sustainability while maintaining its public service mandate.
3 sourcesJun 20
- Economy· World
UK government borrowing rises to £23.3 billion in May 2026
The UK government has reported a significant increase in borrowing, reaching £23.3 billion in May, which is nearly a third higher than the same month last year. This rise in borrowing is attributed to escalating costs associated with servicing debt, particularly linked to inflation. The situation raises concerns about the fragility of public finances amidst ongoing economic challenges.
3 sourcesJun 20
- Economy· World
Federal Reserve Maintains Interest Rates Amid Divisions on Future Policy
The Federal Reserve decided to keep interest rates steady at 3.5% to 3.75% during Kevin Warsh's first meeting as Chair. This decision comes as Warsh's hawkish comments and the abandonment of forward guidance raise speculation about potential rate hikes. The long-term implication may lead to increased market volatility as investors adjust to the Fed's evolving monetary policy stance.
5 sourcesJun 20
- Economy· World
Gold prices stabilize amid U.S.-Iran agreement developments
On June 16, 2026, gold prices stabilized at $4315.87 per ounce after a recent rise, while silver and other precious metals saw declines. This stability is occurring as investors closely monitor the potential agreement between the United States and Iran, which is influencing market sentiment. As geopolitical tensions evolve, fluctuations in precious metal prices are likely to continue in the near future.
3 sourcesJun 19
- Business· UAE
UAE media sector reports record growth in cinema and gaming revenues
In 2025, the UAE's cinema and gaming sectors reported substantial revenue increases, with cinema revenues exceeding Dh734 million and gaming revenues reaching Dh2.7 billion. This growth is driven by new regulatory frameworks and policies aimed at enhancing the media landscape in the country. The long-term implication is that the UAE is positioning itself as a regional hub for media and entertainment, fostering a competitive environment for economic growth.
3 sourcesJun 19
- Economy· UAE
Sharjah initiates Dh750-million traffic infrastructure upgrades to enhance connectivity with Dubai
Sharjah has announced a major upgrade to its road infrastructure, including the construction of an underground tunnel and traffic diversions at two roundabouts. This initiative, valued at Dh750 million, is aimed at alleviating congestion and improving road safety between Sharjah and Dubai. Long-term, these upgrades are expected to significantly enhance travel efficiency for commuters and residents in the region.
3 sourcesJun 19
- Business· World
Chinese AI startup DeepSeek raises over $7 billion in funding round
DeepSeek has successfully closed its first funding round, raising over $7 billion and achieving a valuation exceeding $50 billion. This significant investment is driven by a unique funding structure that requires investors to relinquish voting rights and commit their capital for five years, aimed at preserving founder control. The long-term implication is that DeepSeek's innovative approach may set a precedent for future investments in the AI sector, influencing competitive dynamics globally.
5 sourcesJun 19
- Crypto· World
Coinbase launches 21 new financial products including SEC-registered AI investment advisor
Coinbase has unveiled a suite of 21 new financial products, marking a significant shift towards integrating cryptocurrency with traditional finance. This expansion is driven by the company's strategy to become an all-encompassing financial platform, coinciding with the launch of an AI investment advisor registered with the SEC. In the long term, this move could redefine the landscape of financial services and attract a broader user base while increasing regulatory scrutiny.
4 sourcesJun 19
- Business· MENA
Ripple invests $3.2 billion in Flutterwave to enhance African payment solutions
Ripple has made a strategic investment in Flutterwave, a leading African payments platform, to expand its presence in the continent's remittance market. This investment is driven by the growing demand for efficient payment solutions and the integration of Ripple's RLUSD stablecoin into Flutterwave's network. Long-term, this partnership could transform the landscape of digital payments and remittances in Africa, setting a precedent for future fintech investments in the region.
4 sourcesJun 19
- Crypto· World
Investors Shift from Bitcoin to Altcoins Amidst ETF Outflows
Bitcoin ETFs experienced $64.8 million in outflows while altcoins like Ethereum, Solana, and XRP attracted $28 million in inflows. This shift is driven by investors seeking diversification in their cryptocurrency portfolios at this moment. The long-term implication may be a continued trend towards altcoin investments, reshaping the cryptocurrency landscape and ETF offerings.
3 sourcesJun 19
- Crypto· World
Inveniam Capital Partners to Acquire Blockchain Project MANTRA for $20 Million
Inveniam Capital Partners has announced its plans to fully acquire the blockchain project MANTRA, with the deal expected to close by June 30, 2026. This acquisition follows a challenging year for MANTRA, marked by the collapse of its OM token and ongoing market pressures. The long-term implication could position Inveniam as a stronger player in the blockchain and AI sectors, potentially reshaping institutional blockchain infrastructure.
3 sourcesJun 19
- Crypto· World
Aztec Labs suffers $2.1 million loss from second exploit of deprecated smart contract
Aztec Labs has experienced a significant financial loss of approximately $2.1 million due to the exploitation of a deprecated smart contract. This incident is occurring now as security researchers highlight the ongoing risks associated with outdated smart contracts in the DeFi space. In the long term, this may lead to increased scrutiny and regulatory responses aimed at improving security measures for legacy contracts in the cryptocurrency industry.
4 sourcesJun 19
- Crypto· World
Illinois becomes first U.S. state to impose a digital asset tax
Illinois has enacted a 0.2% tax on digital asset transactions as part of its state budget. This decision comes amid significant backlash from the cryptocurrency industry, which argues that the tax could stifle growth and innovation. The long-term implication may lead to increased scrutiny and potential changes in how states regulate cryptocurrency across the U.S.
6 sourcesJun 19
- Crypto· World
Bitcoin miners face $50 billion funding gap as they shift to AI infrastructure
Bitcoin miners are struggling to secure funding for their transition towards AI data center operations. This shift is prompted by increasing operational pressures and the need to remain competitive in a rapidly evolving market. The long-term implication is that the ability to secure investments for AI infrastructure will determine the future success of these companies in the cryptocurrency sector.
4 sourcesJun 19
- Crypto· World
BlackRock launches first covered-call Bitcoin ETF to attract income-seeking investors
BlackRock has introduced the iShares Bitcoin Premium Income ETF, which utilizes a covered-call strategy to generate income while providing Bitcoin exposure. This launch is driven by increasing institutional interest in cryptocurrency and the demand for income-generating investment products. The success of this ETF could lead to further innovation in the cryptocurrency investment landscape, particularly among institutional investors.
3 sourcesJun 19