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
4339 stories- Economy· World
US Ends Oil Purchase Waivers for Russia and Iran Amid Rising Prices
The U.S. has announced it will not renew waivers for purchasing Russian and Iranian oil currently at sea. This decision comes in response to rising oil prices and requests from poorer nations for sanctions relief. The long-term implication is likely increased volatility in global oil markets and further supply challenges for countries reliant on these imports.
5 sourcesApr 25Low - Business· World
X-Energy Inc. raises $1.02 billion in successful IPO
X-Energy Inc. successfully completed its IPO, raising $1.02 billion and seeing its shares surge 31% on the first day of trading. This event is driven by a renewed investor interest in the nuclear energy sector as a sustainable power source. The long-term implication suggests that this success may catalyze further investments in the nuclear energy industry and potentially revive the broader IPO market.
3 sourcesApr 24High - Business· World
Intel Corporation Shares Surge 26% After Q1 2026 Earnings Exceed Expectations
Intel Corporation's shares increased by 26% in pre-market trading on April 24, 2026, following the release of its first-quarter 2026 financial results that surpassed Wall Street expectations. This surge was triggered by strong demand in the Data Center and AI sectors, alongside optimistic guidance for the second quarter. The long-term implication suggests a potential shift in market dynamics as Intel strengthens its position in the semiconductor industry amid rising global demand for AI technologies.
12 sourcesApr 24High
- Business· World
Meta and Microsoft Announce Major Workforce Reductions Amid AI Investment Surge
Meta Platforms has announced layoffs affecting approximately 8,000 employees, representing 10% of its workforce, set to begin on May 20, 2026. This decision is driven by the need to enhance efficiency and manage escalating costs associated with artificial intelligence investments. The long-term implication suggests a continued trend of workforce reductions across the tech industry as companies adapt to the financial pressures of AI infrastructure expansion.
14 sourcesApr 24Moderate
- Crypto· World
Morgan Stanley launches money market fund for stablecoin issuers
Morgan Stanley has introduced a new money market fund specifically targeting stablecoin issuers. This initiative is driven by the need to enhance market stability and promote institutional adoption of stablecoins within traditional finance. The long-term implication is a potential increase in institutional participation in the stablecoin market, leading to greater acceptance of digital currencies in the financial ecosystem.
6 sourcesApr 24Moderate
- Economy· World
Oil prices surge above $106 amid escalating tensions in the Strait of Hormuz
Oil prices rose significantly as tensions in the Strait of Hormuz heightened. This surge follows Iran's military actions, including boarding a ship, and a statement from Donald Trump requiring US Navy permission for vessels in the area. The ongoing military tensions are likely to keep oil prices volatile in the near future, influencing global markets.
8 sourcesApr 24Low
- Business· World
Canada approves Enbridge's $4 billion natural gas pipeline expansion
The Canadian federal government has approved a significant expansion of Enbridge's natural gas pipeline system. This decision is driven by Canada's commitment to enhancing energy infrastructure and increasing natural gas exports to the U.S. The long-term implication is a potential boost in energy trade between Canada and the U.S., alongside discussions on environmental impacts and regulatory compliance.
4 sourcesApr 24Moderate
- Economy· World
US consumer sentiment hits record low amid inflation and geopolitical tensions
In April 2026, the University of Michigan's consumer sentiment index fell to 49.8, marking the lowest level since 1978. This decline is driven by rising inflation fears and concerns over geopolitical instability, particularly the war in Iran. The long-term implication suggests that continued economic distress may lead to reduced consumer spending and hinder economic recovery efforts.
3 sourcesApr 24Moderate - Economy· World
Gold prices set for first weekly decline in five weeks amid rising oil and dollar strength
Gold prices are on track for their first weekly decline in five weeks due to rising oil prices and a strengthening dollar. This shift is triggered by stalled negotiations between the U.S. and Iran, contributing to market volatility. Long-term, continued geopolitical tensions are likely to keep gold and dollar prices sensitive to developments in U.S.-Iran relations.
3 sourcesApr 24Low
- Economy· World
European natural gas prices surge over 16% amid U.S.-Iran tensions
European natural gas prices are projected to rise by more than 16% this week amid escalating geopolitical tensions in the Strait of Hormuz. The immediate cause of this increase is the stalled negotiations between the U.S. and Iran, which are raising concerns about potential supply disruptions. In the long term, this volatility may lead to increased energy costs for consumers and businesses reliant on natural gas.
3 sourcesApr 24Low
- Economy· World
Oil prices reach $105 per barrel amid escalating Middle East tensions
Oil prices have surged to $105 per barrel due to escalating tensions in the Middle East following the US-Iran ceasefire. The immediate trigger for this spike is the ongoing conflict in the region and comments from former President Trump suggesting no quick resolution. This situation is likely to lead to prolonged economic challenges globally, particularly affecting energy-dependent sectors in the UK and Germany.
3 sourcesApr 24Low
- Economy· World
U.S.-Iran tensions escalate impacting global oil prices and stock markets
The ongoing standoff between the U.S. and Iran has led to a significant drop in global stock markets and a rise in oil prices. This escalation is occurring now due to heightened geopolitical concerns over Middle East stability. In the long term, continued tensions may lead to increased market volatility and sustained high oil prices, affecting global economic forecasts.
4 sourcesApr 24Low
- Economy· UAE
DIEZ Reports 19.4% Revenue Growth and 17.8% Profit Increase for 2025
The Dubai Integrated Economic Zones Authority announced a significant 19.4% increase in revenue and a 17.8% rise in net profit for 2025. This growth is attributed to enhanced operational efficiency and the expanding attractiveness of its economic zones, with a notable 24.6% increase in registered companies. Looking ahead, DIEZ aims to further bolster its economic impact through innovation and strategic expansion projects, positioning Dubai as a leading urban economy.
3 sourcesApr 24Low
- Economy· UAE
Gold prices in Dubai decline as US dollar strengthens
Gold prices in Dubai have dropped significantly due to the rising strength of the US dollar. This decline is occurring at a time when investors are closely monitoring geopolitical tensions, particularly between the US and Iran. In the long term, continued dollar strength and fluctuating oil prices may exert further downward pressure on gold prices, influencing investor behavior.
3 sourcesApr 24Low
- Business· MENA
Saudi Arabia's delivery sector sees 49% growth in Q1 2026 with 118 million orders
The delivery sector in Saudi Arabia recorded 118 million orders in Q1 2026, marking a 49% annual growth. This surge is driven by increased e-commerce adoption and technological advancements enhancing service quality. As the sector continues to expand, it is likely to see further innovations and improvements in service delivery, supported by ongoing investments in technology and infrastructure.
4 sourcesApr 24Low
- Economy· MENA
Saudi banks report significant profit growth in Q1 2026
Saudi banks, including the National Commercial Bank and Al Rajhi Bank, reported increased net profits in Q1 2026. This growth is attributed to strong financing and investment returns, indicating a robust banking sector performance. The positive financial results suggest a continued upward trend in the Saudi banking sector, driven by strong economic fundamentals.
3 sourcesApr 24Low
- Business· UAE
Sheikh Mohammed inspects AED 500 million Al Mamzar Beaches project in Dubai
Sheikh Mohammed bin Rashid Al Maktoum reviewed the progress of the Al Mamzar Beaches project, which is nearing completion. This inspection comes as part of a broader AED 3 billion development plan aimed at enhancing Dubai's beach infrastructure and increasing visitor capacity. The long-term implication is that this project will significantly boost Dubai's appeal as a premier global tourism destination, aligning with the emirate's strategic goals for 2030.
4 sourcesApr 24Low
- Business· UAE
Aldar and Mubadala Acquire 'The Link' in AED 654 Million Deal
Aldar and Mubadala have completed the acquisition of 'The Link' at Masdar City for AED 654 million. This significant investment is driven by a joint venture aimed at enhancing sustainable urban developments in Abu Dhabi. The long-term implication is an expected increase in institutional investments in the emirate's real estate sector, reinforcing its position as a hub for innovation and sustainability.
5 sourcesApr 24Low
- Business· UAE
Sheikh Hamdan reviews operations at Dubai International Airport as passenger traffic reaches 95 million
Sheikh Hamdan bin Mohammed conducted a tour of Dubai International Airport, which welcomed over 95 million passengers in 2025, reaffirming its status as the world's busiest international airport. This review comes as the aviation sector plays a crucial role in supporting Dubai's economic growth and global connectivity. Looking ahead, the focus on innovation and infrastructure investment suggests continued expansion and advancements in the aviation industry.
5 sourcesApr 24Low
- Business· UAE
Dubai International Financial Centre Launches Native AI Programme to Create 25000 Jobs
On April 21, 2026, the Dubai International Financial Centre (DIFC) announced its initiative to become the world's first AI-native financial centre. This transformation is driven by the need to embed artificial intelligence across various sectors, aligning with Dubai's broader economic goals and previous AI strategies. The long-term implication is a significant boost to Dubai's economy, projected to generate $3.5 billion and create 25,000 jobs, reinforcing its position as a global technology leader.
7 sourcesApr 24Low