
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
4284 stories- Business· UAE
UAE Exits OPEC and OPEC+ to Boost Domestic Energy Sector
The UAE has officially exited OPEC and OPEC+ organizations. This strategic move is aimed at enhancing the UAE's energy sector and was confirmed by the energy minister as being on amicable terms. The long-term implication is expected to be increased job opportunities within the UAE's energy industry as it navigates its new market landscape.
3 sourcesMay 7Low
- Economy· World
Oil prices decline amid geopolitical tensions in the Strait of Hormuz
Oil prices have fallen for the second consecutive day due to geopolitical developments affecting shipping routes. The immediate trigger for this decline is U.S. President Donald Trump's announcement regarding efforts to free ships stuck in the Strait of Hormuz. As geopolitical tensions persist, oil prices are likely to remain volatile, impacting global energy markets in the long term.
3 sourcesMay 7Moderate
- Business· UAE
Dubai begins construction of Metro Blue Line to enhance public transport infrastructure
Dubai has officially broken ground on the Metro Blue Line tunnels. The project is part of the emirate's ongoing efforts to expand its public transportation network and improve urban mobility. Successful completion of the Metro Blue Line could set a precedent for future transportation projects in the region.
4 sourcesMay 7Low
- Business· UAE
Dubai Airports Increases Flight Operations After Lifting of Airspace Restrictions
On May 2, 2026, the UAE General Civil Aviation Authority lifted airspace restrictions that had been in place since February 28 due to the US-Israel-Iran war. This decision allows Dubai Airports to scale up operations and restore flight schedules, following months of disruptions caused by security threats. The long-term implication is a significant recovery in global air traffic through Dubai International Airport, reinforcing its status as a key regional hub despite ongoing vigilance against potential threats.
7 sourcesMay 7Low
- Business· World
ServiceNow projects $30 billion in subscription revenue by 2030 driven by AI initiatives
ServiceNow has announced a forecast of $30 billion in subscription revenue by 2030, attributing this growth to its AI products. This projection comes as the company seeks to reassure investors about its growth potential amidst the evolving enterprise software landscape. In the long term, ServiceNow's commitment to AI could influence other companies in the sector to adopt similar strategies for growth.
3 sourcesMay 7Low
- Crypto· World
Payward acquires Bitnomial for $550 million to enhance U.S. crypto derivatives market
Payward has completed its acquisition of Bitnomial, securing a full range of CFTC-regulated crypto derivatives. This strategic move is driven by Kraken's aim to expand its offerings and strengthen its position in the U.S. cryptocurrency infrastructure. In the long term, this acquisition is expected to attract more institutional investors and positively influence Bitcoin market sentiment.
3 sourcesMay 7Low
- Crypto· World
MicroStrategy pauses Bitcoin purchases ahead of earnings report
MicroStrategy has announced a pause in its Bitcoin purchases as it prepares for its upcoming earnings report. This decision is driven by increasing scrutiny over the company's financial losses and the complexities of its funding strategies amid geopolitical tensions. The long-term implication may signal a cautious approach from MicroStrategy, impacting its future investment strategies in the cryptocurrency market.
3 sourcesMay 7Low
- Crypto· World
South Korean crypto exchanges oppose stringent AML regulations
South Korean crypto exchanges are formally objecting to proposed anti-money laundering regulations that could impose a reporting burden of over 5.4 million suspicious transaction reports annually. This pushback is occurring now as the Digital Asset Exchange Alliance (DAXA) raises concerns about the feasibility and implications of these excessive requirements. If implemented, these regulations could significantly reshape the operational landscape for crypto exchanges in South Korea, prompting further legal actions and potential revisions to the proposals.
3 sourcesMay 7Low
- Crypto· World
Bitcoin Surpasses $80,000 Amid Geopolitical Tensions and Regulatory Optimism
Bitcoin's price has surged to approximately $80,866, marking a significant recovery in the cryptocurrency market. This rise is driven by increased risk appetite among investors and optimism regarding potential regulatory developments in the U.S. If regulatory clarity is achieved and geopolitical tensions stabilize, the cryptocurrency market may continue to thrive.
3 sourcesMay 7Moderate
- Crypto· World
Strive, Inc. increases Bitcoin holdings to over 15,000 BTC
Strive, Inc. has acquired 444 BTC for approximately $33.9 million, raising its total Bitcoin treasury to over 15,000 BTC. This acquisition is part of Strive's ongoing strategy to accumulate Bitcoin amidst a slowing market. The firm's aggressive accumulation may influence market trends and investor sentiment as conditions evolve.
3 sourcesMay 7Low
- Crypto· World
Hut 8 Corp secures $200 million bitcoin-backed credit facility with FalconX
Hut 8 Corp has refinanced its loan with FalconX, unlocking approximately 3,300 BTC from collateral restrictions. This strategic move is driven by the need to lower borrowing costs and enhance liquidity at this moment. In the long term, Hut 8 is positioned to leverage this financial flexibility to invest in AI technologies and other emerging opportunities in the cryptocurrency sector.
4 sourcesMay 7Low
- Crypto· World
Payward files lawsuit against Etana Custody over $25 million fraud allegations
Payward, the parent company of Kraken, has filed a lawsuit against Etana Custody, alleging the misappropriation of over $25 million in client funds. The lawsuit is triggered by claims that Etana operated a 'Ponzi-like' scheme during a liquidity crisis, misusing and concealing client assets. The long-term implication may lead to increased regulatory scrutiny and changes in the cryptocurrency custody landscape.
3 sourcesMay 7Low
- Crypto· World
Bitcoin Surpasses $80,000 Driven by Institutional Demand and Short Squeeze
Bitcoin's price surged past $80,000 on May 4, 2026, due to significant institutional buying and a massive short squeeze. This surge is occurring now as institutions absorb over 500% of the daily mined supply, indicating strong demand. If this trend continues, analysts predict Bitcoin could reach $96,000 by June, signaling a bullish outlook for the cryptocurrency market.
3 sourcesMay 7High
- Crypto· World
Dogecoin price surges amid significant whale activity
Dogecoin's price has risen above $0.1080, reaching a high of $0.1165 due to substantial purchases by whales. This surge is occurring now as 160 million DOGE were bought in just 96 hours, indicating strong market confidence. If DOGE maintains its momentum, it could see further price increases as traders monitor key resistance levels.
3 sourcesMay 7Moderate
- Crypto· World
Bitcoin price surpasses $82,000 triggering significant short liquidations
Bitcoin's price climbed to over $82,000, resulting in substantial short liquidations. This upward movement is occurring due to easing geopolitical tensions that have shifted market sentiment. Analysts predict that this bullish trend could lead Bitcoin to reach new highs, with targets set at $84,000 and $90,000 in the near future.
4 sourcesMay 7Moderate
- Crypto· World
Digital asset investment products see $117.8 million inflows as Bitcoin reaches $81,000
Digital asset investment products recorded $117.8 million in net inflows for the week ending May 2, 2026, marking the fifth consecutive week of growth. This surge is driven by Bitcoin's strong performance, achieving its highest daily close since January and reflecting renewed institutional interest amid improved risk sentiment. The long-term implication suggests a continued recovery in the digital asset market, potentially leading to increased adoption and investment in cryptocurrencies.
9 sourcesMay 7Moderate
- Economy· World
Global stock markets rally driven by tech sector gains and U.S. shipping initiatives
Global stock markets have rallied, primarily fueled by a surge in tech stocks and emerging-market assets reaching record highs. This positive shift is occurring as the U.S. implements new measures to secure shipping routes through the Strait of Hormuz amidst rising oil prices. The long-term implication suggests that ongoing developments in both the tech sector and geopolitical shipping conditions will continue to shape market dynamics.
3 sourcesMay 7Very High
- Business· World
Samsung Electronics appoints new head of Visual Display amid declining TV profits
Samsung Electronics has appointed Won-Jin Lee as the new head of its Visual Display business, marking the first leadership change in over two years. This decision comes as the company faces declining profits in the TV sector and increasing competition from rivals like TCL. The long-term implication suggests a strategic pivot by Samsung to regain market share and adapt to evolving consumer demands in the television market.
3 sourcesMay 7Low
- Economy· MENA
Turkey's inflation rate reaches 32.4% amid rising energy costs
Turkey's inflation rate surged to 32.4% in April 2026, exceeding forecasts. This spike is primarily driven by fluctuations in energy prices due to ongoing geopolitical tensions. The long-term implication may include increased economic instability and potential policy changes by the Turkish government to address these challenges.
5 sourcesMay 7Low
- Business· World
Fervo Energy launches largest climate-tech IPO of 2026 aiming to raise $1.33 billion
Fervo Energy has initiated its initial public offering (IPO) to raise up to $1.33 billion, marking a significant event in the climate technology sector. This move is driven by the rising demand for renewable energy solutions, particularly in the context of increasing investments in climate technology. If successful, this IPO could catalyze further investments in the renewable energy market, reshaping future investment strategies in the sector.
3 sourcesMay 7Low