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- Business· UAE
ADNOC and SLB Deploy AI Technology Across 120 Drilling Rigs
ADNOC has partnered with SLB to implement AI technology across 120 drilling rigs to enhance operational efficiency. This initiative follows ADNOC's recent achievement of drilling 6,428 feet in 24 hours using AI, showcasing the technology's potential. The long-term implication is a significant transformation in the oil and gas industry towards more technology-driven practices, potentially increasing productivity and reducing environmental impact.
3 sourcesAug 5
- Economy· MENA
Saudi Arabia's personal loans surge to 525.45 billion Riyals by June 2026
Personal loans in Saudi Arabia increased by 5% year-on-year to 525.45 billion Riyals by the end of June 2026. This growth is driven by a significant rise in consumer borrowing, reflecting changing spending behaviors among individuals. The long-term implication suggests a potential shift in the economic landscape, with increased reliance on credit impacting consumer spending and financial stability.
3 sourcesAug 5
- Business· MENA
Saudi Energy Company reports 7.4% decline in Q2 2026 net profit
The Saudi Energy Company has reported a 7.4% drop in net profits for Q2 2026, totaling 4.89 billion SAR. This decline is primarily due to rising operational and maintenance expenses impacting profitability at this time. In the long term, the company may need to adopt strategic measures to manage costs effectively while observing Aramco's resilience for operational insights.
3 sourcesAug 5
- Crypto· MENA
South Korea sees $10.4 billion in stablecoin outflows over 18 months
Stablecoin outflows from South Korea have reached a cumulative total of $10.4 billion, marking a significant shift in investor behavior. This trend is driven by increasing regulatory scrutiny of cross-border crypto activities, prompting investors to seek opportunities outside the domestic market. In the long term, South Korea may need to innovate its regulatory framework to retain crypto investments and prevent further capital flight.
3 sourcesAug 5
- Business· World
Kalshi CEO faces $36 billion lawsuit amid gambling industry lobbying claims
Kalshi is currently embroiled in a $36 billion lawsuit in New York, escalating to federal court. The lawsuit is reportedly driven by lobbying efforts from the gambling industry, reflecting a broader resistance against disruptive innovations. The outcome of this case could set a significant precedent for the regulation of similar platforms in the future.
3 sourcesAug 5
- Crypto· World
Bitcoin price rebounds to $64,000 amid Coldcard wallet hack and market volatility
Bitcoin's price has surged to nearly $64,000 following a hack of Coldcard wallets and significant BTC sales by Strategy. The immediate trigger for this rebound is the market's resilience despite extreme fear sentiment and security concerns surrounding self-custody solutions. In the long term, this incident may lead to increased scrutiny on security practices and a shift towards institutional custody solutions in the cryptocurrency market.
3 sourcesAug 5
- Crypto· World
Bitcoin price volatility linked to US-Iran negotiations mediated by Qatar
Bitcoin's price has fluctuated significantly as a draft deal to restart US-Iran talks has emerged. This geopolitical development is causing immediate market reactions, particularly in the cryptocurrency sector, as investors respond to the potential easing of tensions. In the long term, the outcome of these negotiations could lead to increased volatility in cryptocurrency prices, heavily influenced by geopolitical events and market sentiment.
3 sourcesAug 5
- Business· World
Bending Spoons acquires Airtable for $1.285 billion amid declining tech valuations
Bending Spoons has agreed to acquire Airtable in an all-cash deal valued at $1.285 billion. This acquisition is occurring now as Airtable's valuation has plummeted from over $11 billion in 2021, reflecting the volatility in tech markets. The long-term implication may signal further consolidation in the tech industry as companies adapt to changing market conditions and seek strategic synergies.
5 sourcesAug 5
- Economy· World
OPEC+ Agrees to Increase Oil Production by 188,000 Barrels Per Day Starting September 2026
OPEC+ has decided to raise oil production by 188,000 barrels per day, effective September 2026. This decision comes in response to ongoing geopolitical tensions in the Middle East, particularly related to the Iran war, which have disrupted oil supply. The long-term implication is that this production increase may stabilize oil prices and supply dynamics amid continued regional conflicts.
4 sourcesAug 5
- Economy· World
UK job market polarizes as AI boosts demand for experienced tech workers
The UK job market is experiencing a significant shift, with a growing demand for senior tech roles driven by advancements in artificial intelligence. This polarization is occurring as employers prioritize hiring experienced workers in software engineering and IT while other sectors face job cuts. The long-term implication suggests a widening gap in employment opportunities based on skill levels, potentially leading to increased disparities in the labor market.
3 sourcesAug 5
- Business· World
Prysmian Group acquires Atkore Inc. for $3.8 billion
Prysmian Group has finalized an agreement to acquire Atkore Inc. for $3.8 billion, marking a significant expansion in the electrical manufacturing sector. This acquisition is driven by Prysmian's strategy to enhance its market position in North America at this critical moment. The long-term implication is likely to be increased competition in the electrical manufacturing market as stakeholders monitor the integration of Atkore into Prysmian's operations.
3 sourcesAug 5
- Economy· World
U.S. manufacturing activity reaches four-year high in July
U.S. manufacturing activity surged to its highest level in over four years in July, with the ISM purchasing managers' index rising to 55.6. This increase is driven by strong demand for new orders, surpassing analysts' expectations. The long-term implication suggests a strengthening economy, although ongoing inflationary pressures from elevated input prices could challenge future growth.
3 sourcesAug 5
- Business· World
SpaceX to release second quarter earnings amid market volatility
SpaceX is scheduled to report its second quarter earnings on August 4, 2026, which is highly anticipated by analysts and investors. The report comes at a time of high market volatility and concerns over the company's heavy spending and cash flow uncertainties. The outcome could significantly impact investor confidence and the future valuation of SpaceX in the tech industry.
3 sourcesAug 5
- Economy· World
Oil prices decline sharply amid U.S.-Iran diplomatic efforts to reopen Strait of Hormuz
Oil prices fell significantly as traders reacted to potential U.S.-Iran negotiations regarding the Strait of Hormuz. This shift is occurring now due to renewed diplomatic efforts aimed at easing tensions that threaten energy supplies in the Gulf region. If negotiations succeed, the reopening of the Strait could stabilize oil prices and enhance supply security long-term.
3 sourcesAug 5
- Business· MENA
Electronic Arts transitions to private ownership in $55 billion acquisition led by Saudi Arabia's PIF
Electronic Arts has officially become a private company following a $55 billion acquisition by Saudi Arabia's Public Investment Fund and partners. This significant shift is driven by a growing trend of sovereign wealth funds investing in the gaming industry at this moment. The long-term implications may include strategic changes in EA's operations and a focus on debt management as it navigates its new financial landscape.
4 sourcesAug 5
- Business· World
Trial set for Paramount's $111 billion acquisition of Warner Bros amid antitrust lawsuit
A federal judge has scheduled a trial for March 2, 2026, to assess the legality of Paramount's $111 billion acquisition of Warner Bros. This trial follows a lawsuit filed by a dozen states aiming to block the merger on antitrust grounds. The outcome could significantly influence future mergers in the entertainment sector and reshape market dynamics.
3 sourcesAug 5
- Business· World
Situational Awareness hedge fund experiences 67% loss due to AI investment failures
The Situational Awareness hedge fund reported a catastrophic 67% decline in value, necessitating the sale of $16 billion in assets. This collapse is attributed to concentrated investments in AI technologies that failed to deliver expected returns, despite warnings from prominent investors. The long-term implication may lead to increased caution among investors regarding aggressive bets in volatile sectors like technology and cryptocurrency.
3 sourcesAug 5
- Economy· World
Japanese stocks surge amid optimism for U.S.-Iran negotiations on Strait of Hormuz
Japanese stocks have risen significantly, with the Nikkei index increasing by 2.3% due to renewed hopes for a U.S.-Iran deal to reopen the Strait of Hormuz. This optimism has been triggered by falling oil prices and a rally in U.S. markets, where the S&P 500 reached a new record high. If negotiations progress positively, global markets may continue to experience volatility influenced by oil price fluctuations and investor sentiment.
3 sourcesAug 5
- Economy· MENA
OPEC+ announces increase in oil production by 188,000 barrels per day starting September 2026
OPEC+ countries have decided to raise their oil production quota by 188,000 bpd in September 2026. This decision comes amid ongoing geopolitical tensions affecting oil exports, particularly in the Gulf region. As geopolitical tensions persist, OPEC+ will need to balance production increases with the realities of market demand and supply disruptions, making future adjustments critical for maintaining stability in the oil market.
6 sourcesAug 5
- Business· World
Capital One cites anti-money laundering concerns in closure of Trump Organization accounts
Capital One has closed over 300 accounts associated with the Trump Organization, marking the first formal acknowledgment by a bank of money-laundering issues linked to Donald Trump's family business. This decision follows a review by the bank's anti-money laundering team and comes after years of federal protections that prevented disclosure. The long-term implication may lead to more stringent banking policies regarding relationships with politically exposed individuals, reshaping the financial landscape for such entities.
4 sourcesAug 5