
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
8425 stories- Economy· MENA
Oil prices rise amid concerns over Strait of Hormuz and US-Iran negotiations
Oil prices have increased due to heightened concerns regarding the stability of the Strait of Hormuz and ongoing negotiations between the US and Iran. This situation is unfolding as the UAE's economy shows signs of recovery, which may influence regional oil demand. The long-term implication could see significant shifts in oil supply dynamics depending on the outcomes of these diplomatic discussions.
3 sourcesAug 8
- Business· MENA
Saudi Arabia and Syria sign solar energy agreements to boost infrastructure
Saudi Arabia and Syria have signed multiple agreements to develop solar energy projects in rural Damascus, totaling 760 megawatts in capacity. This collaboration is driven by Saudi Arabia's strategy to strengthen economic ties with Syria at a critical moment for the country's infrastructure recovery. The successful implementation of these projects could lead to further investments in Syria's energy sector and enhance bilateral relations between the two nations.
3 sourcesAug 8
- Business· UAE
Moove secures $250 million funding led by Mubadala to enhance autonomous vehicle services
Moove has raised $250 million in funding, achieving a valuation of $2.1 billion. This investment, led by Abu Dhabi's Mubadala, will enable Moove to expand its fleet management capabilities in the autonomous vehicle sector. As the company develops infrastructure for self-driving cars, it is poised to become a significant player in the future of urban mobility.
4 sourcesAug 8
- Crypto· World
Arthur Hayes predicts AI credit bubble collapse could drive Bitcoin to $1 million
Arthur Hayes warns that the current AI credit bubble may burst, leading to significant economic repercussions. This prediction is fueled by parallels drawn to the 2008 financial crisis, suggesting that government interventions will follow the collapse. If these conditions materialize, Bitcoin could experience a substantial liquidity surge, potentially reaching unprecedented price levels.
3 sourcesAug 8
- Crypto· World
ElizaOS token declared dead following lawsuit settlement
The ElizaOS token has been declared 'dead' by its founder Shaw Walters after a class-action lawsuit depleted the project's treasury. This closure comes after a significant decline in value, with the token crashing 97% prior to the announcement. The long-term implication is a potential shift in investor confidence and regulatory scrutiny within the cryptocurrency market as the Eliza Labs foundation continues its operations without the token.
4 sourcesAug 8
- Crypto· World
Circle announces public launch of Arc blockchain with major financial backing
Circle has confirmed the public mainnet launch of its Arc blockchain on September 16, 2026, supported by founding validators including BlackRock, Visa, and DTCC. This strategic initiative is occurring now to enhance blockchain adoption and innovation in digital finance, leveraging partnerships with established financial institutions. The long-term implication is that this collaboration may significantly increase the legitimacy and integration of blockchain solutions within mainstream finance.
3 sourcesAug 8
- Crypto· World
Binance sues RedotPay for $473 million over user diversion claims
Binance has filed a lawsuit against RedotPay, alleging that the crypto payment firm diverted over 470,000 users from its Binance Card, resulting in nearly $473 million in losses. This legal action is triggered by claims of a breach of commercial agreement and fraudulent scheme by RedotPay. The outcome of this case could lead to increased scrutiny and regulation of crypto payment services globally.
5 sourcesAug 8
- Crypto· World
Bitcoin price stabilizes around $65,000 amid Middle East tensions
Bitcoin's price has remained around $64,000 to $65,000 as geopolitical tensions in the Middle East escalate, particularly following attacks by Yemen's Houthis on Saudi Arabia. This fluctuation is occurring now as traders react to the potential impacts of these developments on the cryptocurrency market. In the long term, continued geopolitical instability may lead to increased volatility in Bitcoin's price and influence broader market dynamics.
3 sourcesAug 8
- Crypto· World
Ethereum community divided over EIP-8363 staking proposal
Ethereum has introduced a controversial staking proposal, EIP-8363, which aims to reduce issuance by burning a portion of validator rewards as staking increases. The backlash is driven by concerns from influential figures like Aave founder Stani Kulechov, who argue that the proposal could undermine decentralized finance and deter institutional adoption. The ongoing debate will likely shape Ethereum's future monetary policy and its role in the DeFi ecosystem.
3 sourcesAug 8
- Crypto· World
Surge in Bitcoin and Ether ETF Inflows Signals Growing Institutional Interest
Bitcoin and Ether ETFs have seen a combined inflow of $220 million over the past few days, with BlackRock's Bitcoin ETF alone accounting for $604 million. This surge is driven by increasing institutional confidence in cryptocurrencies, as evidenced by four consecutive days of positive inflows. The long-term implication suggests a potential shift towards broader acceptance and integration of digital assets within institutional portfolios.
3 sourcesAug 8
- Business· MENA
GM extends joint venture with SAIC for 20 years to boost new-energy vehicle production
General Motors has renewed its joint venture partnership with China's SAIC for an additional 20 years. This extension is driven by GM's strategic pivot towards sustainable automotive solutions and the growing demand for new-energy vehicles in China. The long-term implication is that this partnership will enhance GM's market position and innovation capabilities in the rapidly evolving Chinese automotive sector.
3 sourcesAug 8
- Business· World
Infineon Technologies projects significant revenue growth amid semiconductor market concerns
Infineon Technologies AG has forecasted revenues between €16.3 billion and $18.80 billion for the current fiscal year, driven by rising demand for AI infrastructure. The company's shares have declined as investors express worries over high valuations in the semiconductor sector. This situation suggests that despite strong revenue projections, investor sentiment may challenge the company's market performance moving forward.
3 sourcesAug 8
- Business· World
Coca-Cola HBC reports increased net profit driven by World Cup demand
Coca-Cola HBC has reported a rise in net profit due to higher sales volumes and improved revenue per case. This surge is attributed to strong demand, particularly linked to the upcoming World Cup. The company is likely to maintain its growth trajectory as consumer interest in its products continues to rise during this major sporting event.
3 sourcesAug 8
- Crypto· World
Galaxy Digital reports $85 million quarterly loss amid cryptocurrency market volatility
Galaxy Digital has reported a net loss of $85 million for the second quarter, resulting in a significant drop in its stock price. This financial setback is primarily due to falling digital asset prices and a revenue miss of $8.7 billion. Looking ahead, the company's investments in AI and data centers may provide a pathway to stabilize earnings and recover investor confidence.
5 sourcesAug 8
- Business· World
Honda raises profit outlook by 30% following record quarterly results
Honda has raised its full-year profit outlook by 30% after achieving record quarterly results driven by strong demand for hybrid vehicles and a favorable exchange rate due to a weak yen. This significant increase in profitability is occurring now as the company capitalizes on robust sales in the U.S. and a thriving motorcycle segment. In the long term, Honda is likely to continue enhancing its competitive position in the automotive industry by focusing on hybrid technology and responding to market demands.
3 sourcesAug 8
- Business· World
Disney reports strong fiscal third-quarter earnings driven by 'Toy Story 5' and theme park attendance
Disney's fiscal third-quarter earnings exceeded expectations, largely due to the performance of 'Toy Story 5'. The company's revenue increased by 7% to $25.2 billion, supported by a 4% rise in theme park attendance. This robust financial performance positions Disney for continued growth and strategic expansion in the entertainment sector.
4 sourcesAug 8 - Business· World
Uber reports Q2 revenue growth but issues cautious earnings forecast
Uber Technologies has reported a 12% year-over-year increase in revenue for Q2, reaching $14.2 billion, despite a soft forecast for future bookings and earnings. This cautious outlook has raised investor concerns about the company's ability to transition to the autonomous vehicle market at this critical juncture. The long-term implication is that Uber's success in adapting to the robotaxi model will be essential for regaining investor confidence and stabilizing its stock price.
3 sourcesAug 8
- Economy· World
U.S. crude oil inventories rise unexpectedly by 2.5 million barrels
U.S. crude oil stockpiles increased by 2.5 million barrels in the last week of July. This rise contradicts analyst predictions of a decrease, indicating a potential slowdown in demand as refinery activity has slightly declined. The long-term implication may involve further scrutiny of market demand trends and potential impacts on oil prices.
3 sourcesAug 8
- Business· World
Kraft Heinz Raises Full-Year Sales Outlook Amidst Market Challenges
Kraft Heinz has reported a smaller-than-expected decline in sales and raised its annual sales forecast. This shift is attributed to better-than-anticipated second-quarter results and a strategic focus on health-conscious product categories. The long-term implication suggests that the company's ongoing investments in innovation may help it navigate current market pressures and improve future performance.
3 sourcesAug 8
- Business· World
Eli Lilly Reports 91% Surge in Mounjaro Sales Driving Increased Earnings Forecast
Eli Lilly has experienced a significant increase in sales, particularly from its weight loss drugs Mounjaro and Zepbound, with Mounjaro's sales reaching $9.94 billion in Q2. This surge is attributed to the strong demand for diabetes and obesity medications, leading the company to raise its sales forecast. In the long term, Eli Lilly is positioned for continued growth in the pharmaceutical market, potentially outpacing competitors like Novo Nordisk.
3 sourcesAug 8