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· MENA
Saudi Awwal Bank reports slight decline in Q1 2026 net profit amid stable income growth
Saudi Awwal Bank announced its financial results for the first quarter of 2026, revealing a net profit of SAR 2.086 million, a 2% decrease from the previous year. This decline is attributed to cautious risk management despite a 10% increase in net loans and a 14% rise in customer deposits. The bank's strong capital base and commitment to sustainability suggest it is well-positioned for future growth aligned with Saudi Arabia's Vision 2030.
3 sourcesApr 25Low - Business· MENA
Saudi Arabia ranks first in Global Entrepreneurship Monitor 2025–2026 report
Saudi Arabia has secured top rankings in the Global Entrepreneurship Monitor 2025–2026 report, showcasing its entrepreneurial growth and supportive financial environment. This achievement is driven by a significant increase in Total Early-stage Entrepreneurial Activity, which rose from 12.1% in 2018 to 28.9% in 2025. The long-term implication suggests that Saudi Arabia is poised to attract more investments and foster innovation, aligning with the goals of Vision 2030.
3 sourcesApr 25Low - Business· MENA
Qatar Airways resumes daily flights to Dubai and Sharjah
Qatar Airways has restarted its daily flights to Dubai and Sharjah. This resumption is part of the airline's strategy to strengthen its regional presence following a period of reduced travel options. The long-term implication is likely an expansion of Qatar Airways' services in the Middle East as travel restrictions continue to ease.
3 sourcesApr 25Low
- Business· UAE
Abu Dhabi Commercial Bank Achieves Record Q1 2026 Profit Amid Economic Resilience
Abu Dhabi Commercial Bank reported a record profit before tax of AED 3.781 billion for Q1 2026, marking a 30 percent increase year-on-year. This surge is attributed to an 18 percent growth in net loans and a 36 percent rise in non-interest income, reflecting the bank's successful revenue diversification strategy. The long-term implication suggests ADCB will continue to strengthen its market position while navigating macroeconomic challenges through its five-year strategic plan focused on AI and digital capabilities.
6 sourcesApr 25Low
- Business· UAE
Aldar Properties acquires logistics assets from KEZAD for 650 million dirhams
Aldar Properties has announced the acquisition of logistics assets from KEZAD for 650 million dirhams. This strategic move is aimed at enhancing Aldar's portfolio in the logistics sector amidst growing demand in the UAE. The acquisition positions Aldar to capitalize on the expanding logistics and industrial market in the region.
3 sourcesApr 25Low
- Business· UAE
Dubai Taxi Company expands fleet with acquisition of 600 new taxi plates
Dubai Taxi Company has acquired 600 new taxi plates, increasing its fleet to 6,817 vehicles. This strategic move is driven by the growing demand for transportation services in Dubai, as the company aims to enhance its market share to 47%. The phased introduction of these vehicles is set to begin in July 2026, positioning the company to better serve the mobility needs of residents and visitors in the emirate.
4 sourcesApr 25Low
- Economy· UAE
Gold prices in Dubai decline amid rising oil costs and inflation concerns
Gold prices in Dubai have dropped significantly this week, decreasing by over Dh15. This decline is triggered by rising oil prices and inflation concerns, compounded by a stronger US dollar. Long-term, the interplay of these economic factors is likely to keep gold prices volatile as market dynamics evolve.
3 sourcesApr 25Low
- Economy· World
Gold prices decline amid rising oil prices and inflation concerns
Gold prices have fallen to their lowest level in over a week, marking the first weekly loss after four consecutive weeks of gains. This decline is triggered by rising oil prices and ongoing geopolitical tensions that are affecting market stability. As inflation concerns persist, further fluctuations in gold prices are anticipated, prompting investors to remain vigilant.
3 sourcesApr 25Low - Economy· MENA
Saudi Riyal-Denominated Sukuk Included in Major Global Bond Indices
The Saudi Ministry of Finance announced the inclusion of Saudi Riyal-denominated government sukuk in the J.P. Morgan GBI-EM and Bloomberg Emerging Markets Local Currency Government Index. This decision is a result of ongoing reforms under Saudi Vision 2030 aimed at enhancing market accessibility and liquidity. The long-term implication is expected to be increased foreign investment and integration of Saudi debt instruments into global financial markets.
9 sourcesApr 25Low
- Economy· MENA
Saudi Arabia's GDP reaches $1.3 trillion driven by non-oil sector growth
Saudi Arabia's GDP grew by 4.5% in 2025, reaching $1.3 trillion, with non-oil sectors contributing significantly to this growth. This shift is occurring now due to ongoing economic reforms and a massive infrastructure program valued at $196 billion. The long-term implication is that Saudi Arabia is positioning itself as a competitive global economy through diversification efforts and attracting foreign investments.
3 sourcesApr 25Low
- Business· UAE
Sheikh Mohammed bin Rashid Al Maktoum Unveils Dh34 Billion Dubai Metro Gold Line Project
On April 22, 2026, Sheikh Mohammed bin Rashid Al Maktoum announced the Dh34 billion Dubai Metro Gold Line project, a fully underground 42 km extension aimed at enhancing urban connectivity. This initiative is triggered by the need to alleviate road congestion and accommodate the growing population and real estate developments in Dubai. Long-term, the project is expected to significantly reduce road traffic, boost property values along the route, and support sustainable urban mobility in line with Dubai's 2040 Urban Master Plan.
11 sourcesApr 25Low
- Business· UAE
UAE completes first rail freight delivery of cars
The UAE has successfully executed its first freight delivery of cars via rail, marking a historic milestone in the country's logistics capabilities. This operation, carried out by Al Massoud Automobiles in partnership with Etihad Rail, is part of a broader initiative to enhance transportation infrastructure in the region. The successful implementation of rail freight for vehicles is expected to lead to more efficient logistics solutions and reduce reliance on road transport in the long term.
3 sourcesApr 25Low
- Business· World
Consumers Sue Nintendo Over Unreturned Tariff Refunds
A lawsuit has been filed against Nintendo by consumers seeking refunds for tariff refunds received during the Trump administration. The plaintiffs argue that they were adversely affected by price increases on Nintendo Switch consoles due to these tariffs. If successful, this case could influence future corporate practices regarding tariff refunds and consumer rights.
3 sourcesApr 25Low
- Business· World
Microsoft Renames Gaming Division Back to Xbox Under New CEO Asha Sharma
Microsoft has officially rebranded its gaming division from Microsoft Gaming back to Xbox. This change is driven by new CEO Asha Sharma's strategy to enhance player engagement and adapt to market demands. The long-term implication is a potential shift in the competitive landscape of the gaming industry as Xbox focuses on flexible pricing and exclusive game strategies.
4 sourcesApr 25High - Crypto· World
Volo Protocol suffers $3.5 million exploit impacting DeFi security
Volo Protocol experienced a significant exploit resulting in a loss of approximately $3.5 million, affecting its vaults containing Wrapped Bitcoin, XAUm, and USDC. This incident follows a recent breach of KelpDAO, highlighting ongoing vulnerabilities in decentralized finance protocols. As the protocol commits to user compensation and recovery efforts, the incident may prompt increased scrutiny and demand for stronger security measures in the DeFi sector.
3 sourcesApr 25Low - Crypto· World
UK FCA conducts major crackdown on illegal P2P crypto trading
The UK's Financial Conduct Authority has raided eight locations in London suspected of facilitating illegal peer-to-peer crypto trading. This operation is part of a broader regulatory effort to combat financial crime in the cryptocurrency sector. The long-term implication may lead to increased scrutiny and enforcement actions against unregistered crypto platforms in the UK.
5 sourcesApr 25Moderate
- Economy· World
Pyth Network Partners with Kalshi to Enhance Commodities Trading with Blockchain Data
Pyth Network has expanded its partnership with Kalshi to provide pricing data for commodities markets. This collaboration is driven by Kalshi's launch of a new commodities hub that will utilize Pyth's real-time pricing data for trade settlements. The long-term implication is a potential transformation in how commodities trading is executed, leading to increased efficiency and integration of blockchain technology in the sector.
3 sourcesApr 25Low
- Crypto· World
American Bitcoin boosts mining capacity with new ASIC miners leading to stock surge
American Bitcoin has deployed 11,298 new ASIC miners at its Drumheller facility, resulting in a 12% increase in its stock price. This expansion follows a reported $59 million loss in Q4 2025, prompting the company to enhance its mining capabilities. If market conditions remain favorable, this move could significantly improve American Bitcoin's financial performance and competitiveness in the cryptocurrency sector.
4 sourcesApr 25Moderate - Crypto· World
Kraken Files 56 Million Crypto Tax Forms Advocating for Legislative Reform
Kraken has filed 56 million crypto tax forms for 2025, revealing the excessive reporting burden on crypto users. The exchange is urging Congress to reform tax laws to introduce a de minimis exemption and allow deferral of taxes on staking rewards. If successful, these changes could significantly simplify tax compliance for millions of crypto users in the U.S.
3 sourcesApr 25Low - Crypto· World
Bitcoin's Bull Score Index Reaches Neutral Territory Amid Market Recovery
Bitcoin's Bull Score Index has climbed back to 50, indicating a shift to neutral market conditions for the first time in the current bear market. This change is occurring as Bitcoin's price has recently recovered to approximately $78,057, suggesting easing selling pressure. However, analysts warn that this does not guarantee a trend reversal, and investors should remain cautious as the market may still face further declines.
3 sourcesApr 25Low