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· World
Apple Reports Record Q3 Earnings Driven by Strong iPhone and Mac Sales
Apple has announced its fiscal Q3 results, achieving a record revenue of $109 billion, surpassing Wall Street expectations. This surge is primarily attributed to a 22% increase in iPhone sales, reflecting robust consumer demand. However, ongoing supply chain challenges may impact future performance and stock stability.
4 sourcesAug 3
- Business· World
Netflix sued for $105 million over theft of unreleased Nicolas Cage film
Netflix is facing a $105 million lawsuit after a master copy of an unreleased Nicolas Cage film was stolen from its Hollywood office. The theft occurred during acquisition talks for the film 'Fortitude', financed by Swiss billionaire Simon Afram. This incident may lead to significant changes in Netflix's security protocols for unreleased content and impact industry standards for content protection.
4 sourcesAug 3
- Economy· World
U.S. stocks rise on strong Amazon earnings despite inflation concerns
U.S. stocks experienced a notable increase on July 31, 2026, primarily driven by robust earnings reported by Amazon. This positive market shift comes at a time when inflation fears are heightened due to rising oil prices and challenges faced by Apple related to chip supply issues. Looking ahead, investors are likely to focus on upcoming tech earnings and inflation indicators to guide their trading strategies in August.
3 sourcesAug 3
- Business· World
Amazon Receives $600 Million in Tariff Refunds Following Supreme Court Ruling
Amazon has been awarded $600 million in tariff refunds due to a Supreme Court ruling that invalidated several tariffs from the Trump administration. This financial shift is occurring now as the company seeks to address the implications of the ruling and its impact on pricing strategies. In the long term, Amazon's decision to return some of these funds to customers may reshape consumer perceptions and influence future regulatory discussions on tariffs.
4 sourcesAug 3
- Economy· World
Kevin Warsh appointed as new chair of the Federal Reserve
Kevin Warsh has taken over as the new chair of the Federal Reserve, marking a significant shift towards a more data-driven approach to monetary policy. This change comes amid ongoing confusion regarding inflation measurements, prompting a departure from the previous administration's detailed forward guidance. The long-term implication is likely increased market volatility as investors adjust to a more reactive Federal Reserve focused on economic data.
3 sourcesAug 3
- Business· UAE
Emirates flight diverted to London due to passenger medical emergency
On July 30, 2026, an Emirates flight traveling from Dubai to San Francisco was forced to divert to London Heathrow after a passenger experienced a medical emergency. This incident highlights the immediate need for airlines to reassess their in-flight medical emergency protocols. In the long term, airlines may enhance training for cabin crew and revise policies to better manage such emergencies during flights.
3 sourcesAug 2
- Economy· World
Gold prices decline as U.S. Treasury yields rise
Gold prices fell by 0.4% to $4048.39 per ounce due to increasing U.S. Treasury yields. This decline follows the Federal Reserve's decision to keep interest rates unchanged, prompting investors to reassess their strategies amid inflation concerns. The market is now focused on upcoming U.S. inflation data that could further influence gold's trajectory.
3 sourcesAug 2
- Economy· MENA
Saudi Arabia's non-oil economy grows 0.6% amid overall GDP decline
Saudi Arabia's non-oil economy has shown a year-on-year growth of 0.6% in Q2 2026, despite an overall GDP decline of 4.8% driven by a significant drop in oil sector performance. This growth is attributed to ongoing structural reforms and diversification efforts that are being implemented at this critical moment. The long-term implication suggests a strategic shift towards a more resilient and diversified economy, reducing dependency on oil revenues.
3 sourcesAug 2
- Economy· MENA
Saudi Arabia expands local content requirements for 965 products by 2028
The Saudi Local Content and Government Procurement Authority has announced an expansion of minimum local content requirements for 965 products across 14 sectors, set to take effect on June 1, 2028. This initiative is triggered by a market study assessing local manufacturing capabilities and aims to enhance the contribution of local content to the national economy. Long-term, this move is expected to significantly boost local manufacturing and investment in Saudi Arabia, necessitating adaptation and innovation from local industries.
3 sourcesAug 2
- Economy· UAE
UAE cancels 15 business fees while increasing IPO approval costs
The UAE's financial authority has eliminated 15 business fees but raised IPO approval costs. This decision is part of a broader review of the fee structure aimed at enhancing the business environment. The long-term implication may lead to increased business activity in the UAE, although higher IPO costs could deter some companies from going public.
3 sourcesAug 2
- Economy· UAE
Dubai's population reaches 4.58 million by end of 2025
Dubai's population has grown to 4.58 million, reflecting a significant increase of 332,000 residents from the previous year. This growth is driven by economic expansion and enhanced quality of life, making the emirate an attractive destination for both residents and tourists. As the population continues to rise, Dubai is likely to see further economic development and infrastructure enhancements to accommodate this growth.
6 sourcesAug 2
- Business· UAE
Dubai's property market sees record surge in new home deliveries
Dubai completed 24,800 new homes in the first half of 2026, marking a 38% increase in deliveries. This surge occurs despite a slowdown in sales and fewer new project launches, indicating a shift in market dynamics. The long-term implication suggests that as the market matures, homebuyers will have more options, potentially impacting future pricing and development strategies.
3 sourcesAug 2
- Economy· MENA
Saudi Arabia reports 12% increase in Q2 2026 budget revenues despite ongoing deficit
Saudi Arabia's budget revenues surged by 12% in Q2 2026, reaching 338.8 billion SAR, marking the highest quarterly revenue in two years. This increase is primarily driven by a significant rise in oil revenues, which grew by 22%, alongside a 32% increase in non-oil revenues. The long-term implication suggests that while the economy shows signs of recovery, the persistent budget deficit indicates challenges in managing expenditures moving forward.
4 sourcesAug 2
- Economy· UAE
UAE banks provide AED13.5 billion loan repayment relief to over 135,000 customers
UAE banks have deferred AED13.5 billion in loan repayments for more than 135,000 customers as part of a support package from the Central Bank. This initiative is occurring now due to the Central Bank's proactive measures aimed at enhancing the resilience of financial institutions amid improving asset quality metrics. The long-term implication is a strengthened banking sector that is likely to continue fostering financial stability and support for consumers and businesses in the UAE.
4 sourcesAug 2
- Economy· UAE
UAE Capital Market Authority Abolishes 15 Fees to Simplify Cost Structure
The UAE Capital Market Authority has abolished 15 fees as part of a comprehensive review of its fee framework. This decision is driven by the need to simplify costs for businesses and individuals in the capital markets while introducing new charges for specific services. The long-term implication is expected to foster a more resilient capital market environment in the UAE, enhancing regulatory efficiency and responsiveness to market needs.
4 sourcesAug 2
- Business· UAE
TECOM Group reports 9% net profit increase in H1 2026
TECOM Group's net profit rose to AED 805 million in the first half of 2026. This growth is attributed to strong demand across its business districts and high occupancy rates of 97%. The company's focus on portfolio expansion and operational efficiency suggests continued growth potential in the competitive real estate market.
3 sourcesAug 2
- Business· MENA
Spinneys increases stake in Saudi subsidiary to 70%
Spinneys has announced its decision to raise its ownership in Spinneys KSA to 70% by acquiring an additional 20% stake. This acquisition, valued at SAR18 million, is driven by Spinneys' strategy to enhance its presence in the growing affluent grocery market of Saudi Arabia. The long-term implication is that this move may solidify Spinneys' competitive position and lead to increased sales in the region's grocery sector.
3 sourcesAug 2
- Economy· UAE
Dubai gold prices decline after reaching monthly high influenced by Federal Reserve's interest rate decision
Gold prices in Dubai have dropped slightly after peaking above Dh500. This decline follows the Federal Reserve's recent decision to maintain interest rates, which has affected market dynamics. As global economic conditions evolve, the gold market in Dubai is likely to remain sensitive to these changes, impacting future pricing and demand.
3 sourcesAug 2
- Business· MENA
Saudi Arabia recalls over 6,500 BMW vehicles due to fire risk
Saudi Arabia has recalled 6,574 BMW 5 Series and 7 Series cars due to a wiring defect that poses a fire risk. The recall was initiated by the Ministry of Commerce in response to reports of potential electrical short circuits leading to smoke or fire. This incident highlights the ongoing need for manufacturers to prioritize vehicle safety and may impact BMW's reputation and sales in the region.
3 sourcesAug 2
- Business· UAE
Dubai Financial Market sees 40.4% increase in trading value and 42,864 new investors in H1 2026
The Dubai Financial Market reported a 40.4% increase in trading value and the addition of 42,864 new investors in the first half of 2026. This surge in trading activity is driven by strong engagement from both local and international investors, reflecting growing confidence in the market. Looking ahead, DFM aims to enhance its infrastructure and broaden investment opportunities to maintain its status as a leading financial center.
3 sourcesAug 2