
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
4326 stories- Business· World
Nike announces 1,400 job cuts as part of restructuring efforts
Nike has announced the layoff of approximately 1,400 employees, primarily affecting its technology department. This decision comes as part of a broader strategy to improve efficiency and address a prolonged sales decline. The long-term implication may involve further restructuring as Nike seeks to regain market strength and competitiveness.
3 sourcesApr 26Moderate
- Economy· World
Gold prices decline amid rising oil prices and U.S.-Iran tensions
Gold prices have fallen for the first time in five weeks, settling at $4705.10 due to geopolitical tensions affecting market dynamics. The immediate trigger for this decline is the combination of rising oil prices and a strengthening dollar, which are creating volatility in the gold market. In the long term, continued geopolitical uncertainties may lead to further downward pressure on gold and silver prices as investors remain cautious.
4 sourcesApr 26Low
- Economy· World
US stock markets reach record close amid mixed earnings and Iran peace signals
US stocks achieved a record close as oil prices dipped following recent signs of potential peace progress in Iran. This shift is occurring now due to the ongoing geopolitical tensions and mixed corporate earnings reports that have created market volatility. In the long term, investors will likely adjust their strategies based on further developments in US-Iran relations and upcoming earnings reports that could influence market dynamics.
3 sourcesApr 26Low - Economy· World
Global Billionaire Population Expected to Surge by 25% by 2031
The number of billionaires worldwide is projected to increase from 3,110 to 3,915 by 2031. This growth is primarily driven by rapid advancements in technology and artificial intelligence, which are significantly contributing to wealth accumulation. The long-term implication of this trend raises critical concerns about economic inequality and the distribution of wealth opportunities globally.
4 sourcesApr 26Low - Business· MENA
Samsung workers in South Korea demand profit share from AI boom amid potential strike
Thousands of Samsung Electronics workers rallied in Pyeongtaek, South Korea, demanding higher bonuses and threatening to strike if their demands are not met. This labor unrest is triggered by the company's significant profits from AI-related memory chip sales, amounting to a $38 billion windfall. The outcome of these protests could reshape labor relations in the tech industry and disrupt global memory chip supply chains.
5 sourcesApr 26Low
- Economy· World
UK reports £132 billion net borrowing amid concerns over Iran conflict
The UK government has reported a net borrowing of £132 billion for the financial year ending in March, slightly below its target. This borrowing figure comes as analysts warn that the ongoing conflict in Iran could negatively impact future fiscal stability and consumer confidence. As the situation in Iran evolves, the UK may face increased economic pressures that could hinder recovery and fiscal planning.
4 sourcesApr 26Moderate - Business· World
Trump Administration Proposes $500 Million Bailout for Spirit Airlines Amid Bankruptcy Crisis
On April 23, 2026, the Trump administration advanced discussions for a $500 million bailout of Spirit Airlines facing its second Chapter 11 bankruptcy. This intervention is prompted by the airline's financial distress due to blocked mergers, rising fuel costs from the Iran war, and changing consumer preferences. The long-term implication may involve significant federal ownership of the airline, raising concerns about market competition and potential precedents for future bailouts in the aviation sector.
7 sourcesApr 26Moderate
- Business· World
Jet Fuel Shortage Crisis Disrupts Global Air Travel Amid Ongoing Iran War
A significant jet fuel shortage is projected to disrupt global air travel starting late May 2026 due to the ongoing Iran war and the closure of the Strait of Hormuz. This crisis has been triggered by the disruption of Middle Eastern oil supplies, which provide 75% of Europe's jet fuel, leading to soaring prices and flight cancellations by major airlines. Long-term implications include higher travel costs and reduced flight availability during peak summer demand, potentially reshaping the aviation industry for the foreseeable future.
6 sourcesApr 26Moderate
- Crypto· World
Justin Sun sues World Liberty Financial over frozen tokens and voting rights dispute
Justin Sun has filed a lawsuit against World Liberty Financial, alleging that his tokens were unjustly frozen and his voting rights revoked. This legal action comes as WLFI's token value has plummeted over 75%, raising concerns about the company's stability. The outcome of this lawsuit could significantly impact investor confidence and the future operations of WLFI in the cryptocurrency market.
5 sourcesApr 26Low - Business· World
Lockheed Martin's CEO Highlights Growth Opportunities Amid Increased Military Spending
Lockheed Martin's CEO, Jim Taiclet, emphasized the favorable conditions for the defense contractor during the company's earnings call, describing the current U.S. administration as a 'golden opportunity'. This sentiment is driven by a significant increase in military spending and a robust backlog of orders due to ongoing conflicts. As military investment continues to rise, Lockheed Martin is positioned for sustained growth in the defense sector.
3 sourcesApr 26Low - Crypto· World
BlackRock clients invest $167 million in Bitcoin amid rising institutional interest
BlackRock clients have purchased $167 million in Bitcoin, marking a significant shift in institutional adoption of cryptocurrency. This surge is driven by geopolitical tensions, particularly between the U.S. and Iran, prompting investors to seek Bitcoin as a safe-haven asset. The long-term implication suggests that cryptocurrencies may increasingly stabilize and gain legitimacy in investment portfolios as institutional interest grows.
3 sourcesApr 25Moderate - Economy· MENA
Saudi Arabia's Vision 2030 Achieves 93% of Key Performance Indicators in 2025
Saudi Arabia has reported that 93% of the key performance indicators for Vision 2030 were met or exceeded in 2025. This significant achievement is attributed to the Kingdom's ongoing commitment to economic diversification and development initiatives. The long-term implication suggests a strengthened global economic position for Saudi Arabia as it continues to enhance its quality of life and attract foreign investment.
5 sourcesApr 25Low - Economy· World
Kevin Warsh's nomination to lead the Federal Reserve advances after investigation into Jerome Powell closes
The U.S. Department of Justice has concluded its investigation into Jerome Powell, facilitating Kevin Warsh's nomination as the new chair of the Federal Reserve. This shift is occurring now due to the urgency of confirming a new leader as Powell's term nears its end and concerns over renovation costs have been addressed. Warsh's potential leadership could lead to more aggressive monetary policies, impacting the U.S. economy significantly in the near future.
3 sourcesApr 25High
- Economy· World
Oil prices decline amid uncertainty over US-Iran peace talks
Oil prices have turned downward as traders assess the implications of potential peace talks between the US and Iran. The immediate trigger for this decline is the recent extension of a ceasefire by Washington, which has created mixed market reactions. Long-term, the outcome of these negotiations is likely to continue influencing oil market stability and price fluctuations.
3 sourcesApr 25Low - Business· MENA
Saudi Arabia's PIF and State Street Launch New ETF to Attract Global Investors
The Public Investment Fund of Saudi Arabia and State Street Global Advisors have launched the SAQL ETF, aimed at enhancing access to Saudi equities for international investors. This initiative is driven by PIF's strategy to diversify investment products and attract global capital at this moment of increasing interest in the Saudi market. The long-term implication is a potential boost in foreign investment and further financial innovations within the Saudi financial landscape.
5 sourcesApr 25Low
- Business· MENA
stc Group enhances Hajj experience through digital partnership in Makkah Route initiative
stc Group has announced its participation as a digital partner in the Makkah Route initiative to improve the pilgrimage experience for Hajj 1447. This move is triggered by Saudi Arabia's ongoing efforts under the Vision 2030 program to streamline entry procedures for millions of pilgrims. The long-term implication is a significant enhancement in religious tourism and the overall experience for attendees from around the world.
3 sourcesApr 25Low
- Economy· World
Brent crude oil prices exceed $100 amid Strait of Hormuz tensions
Brent crude oil prices have surged back above $100 per barrel following reports of attacks on multiple container ships in the Strait of Hormuz. This spike is driven by rising geopolitical tensions and uncertainty surrounding US-Iran negotiations, which are impacting market sentiment and oil supply forecasts. The long-term implication suggests that continued instability in the region may lead to sustained volatility in oil prices and further supply concerns.
3 sourcesApr 25Low
- Economy· MENA
Saudi Arabia's non-oil exports rise by 15.1% in February 2026
Saudi Arabia's non-oil exports increased by 15.1% in February 2026 compared to the same month in 2025. This growth is attributed to a significant surge in re-exports, particularly in electrical machinery and equipment. The long-term implication suggests a strengthening of the country's economic diversification efforts away from oil dependency.
3 sourcesApr 25Low - Economy· MENA
Syria launches first foreign currency and gold market in 70 years
Syria has established the Damascus Market for foreign currencies and gold, marking a significant economic shift. This initiative, announced by the Central Bank of Syria, aims to enhance financial stability and develop monetary policy at a critical time for the country's economy. If successful, this market could lead to further economic reforms and attract investment, fostering a more stable financial environment in Syria.
3 sourcesApr 25Low - Economy· World
Oil prices rise above $103 amid stalled US-Iran peace talks
Oil prices have surged significantly due to ongoing tensions between Iran and the United States, with Brent crude surpassing $103 per barrel. The immediate trigger for this spike is the lack of progress in diplomatic negotiations and military actions that have heightened regional tensions. In the long term, continued geopolitical instability is likely to keep oil prices volatile and could lead to further supply chain disruptions.
3 sourcesApr 25Low