
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
Piper Sandler Upgrades Rivian Stock Amid Anticipated R2 Model Launch
Piper Sandler has upgraded Rivian's stock rating following the announcement of the upcoming R2 model launch. This upgrade comes at a time when Rivian's stock has struggled, down 14% year to date, despite stable market conditions. If the R2 model meets market expectations, it could lead to a rebound in Rivian's stock price and renewed investor confidence.
3 sourcesJul 30
- Economy· World
U.S. dollar declines sharply after Federal Reserve holds interest rates steady
The U.S. dollar experienced its largest decline in two weeks following the Federal Reserve's decision to maintain interest rates. This unexpected move led traders to reassess their expectations for future rate hikes, particularly for the upcoming September meeting. The long-term implication is that the dollar's performance will hinge on forthcoming economic indicators and the Fed's future policy decisions.
3 sourcesJul 30
- Business· World
Robinhood reports record Q2 revenue despite significant decline in crypto trading
Robinhood has announced a record revenue of $1.31 billion for Q2 2026, exceeding analyst expectations. This surge is primarily attributed to a tenfold increase in prediction market revenue, even as crypto trading revenue plummeted by 38% to $100 million. The company's future growth will depend on its ability to diversify revenue streams beyond the volatile cryptocurrency market.
6 sourcesJul 30
- Economy· World
Gold prices rise as Federal Reserve maintains interest rates amid Middle East tensions
Gold prices have increased following the US Federal Reserve's decision to keep interest rates unchanged. This decision comes in response to rising inflationary risks and a pause in fighting between the US and Iran, which has influenced oil markets. As geopolitical tensions persist, gold is likely to remain an attractive safe-haven asset for investors seeking stability.
3 sourcesJul 30
- Business· World
Australia explores new oil refinery to enhance energy security amid global supply pressures
Australia is considering the construction of its first new oil refinery in over 60 years to address fuel supply vulnerabilities. This initiative is triggered by escalating global oil supply pressures, particularly due to geopolitical tensions in the Middle East. If successful, the project could significantly bolster Australia's energy independence and reshape its approach to energy security.
3 sourcesJul 30
- Economy· World
Bank of England to Maintain Interest Rate at 3.75% Amid Inflation Concerns
The Bank of England is expected to keep its interest rate steady at 3.75% for the fifth consecutive time. This decision is driven by rising inflation and ongoing geopolitical tensions, which have created economic uncertainties. In the long term, the central bank's strategy may face challenges as inflation pressures persist and future monetary policy decisions hinge on economic data and geopolitical developments.
5 sourcesJul 30
- Economy· World
Oil prices drop nearly 10% following U.S.-Iran military pause
Oil prices fell sharply after the U.S. and Iran halted their military exchanges over the weekend. This decline is occurring as markets react to the potential for diplomatic resolutions amidst geopolitical tensions. The long-term implication is that ongoing developments in U.S.-Iran relations will continue to influence oil market stability and pricing volatility.
6 sourcesJul 30
- Economy· World
Federal Reserve to Maintain Interest Rates Amid Inflation Concerns
The Federal Reserve is expected to keep interest rates unchanged at its upcoming July meeting. This decision comes as inflation remains above target levels, leading to internal divisions among policymakers regarding future rate adjustments. Investors should prepare for potential rate hikes in September as economic conditions evolve and inflation pressures persist.
4 sourcesJul 30
- Economy· MENA
Saudi Arabia's exports rise 3.9% in May 2026 driven by oil sector growth
Saudi Arabia's total exports increased by 3.9% in May 2026 compared to the same month in 2025. This growth is primarily attributed to a significant 19.5% rise in oil exports, which constituted a large portion of the total exports. The long-term implication is that Saudi Arabia is likely to continue strengthening its economic diversification efforts while enhancing its global trade position.
3 sourcesJul 29
- Business· MENA
Saudi Arabia's second airport group reports record passenger traffic in Q2 2026
The second airport group in Saudi Arabia transported 3.98 million passengers and conducted 36.6 thousand flights in the second quarter of 2026. This surge in activity is driven by the launch of new operational centers and initiatives aimed at enhancing operational efficiency and sustainability. Looking ahead, the group is expected to continue expanding its services and sustainability practices in response to rising demand in the aviation sector.
3 sourcesJul 29
- Economy· MENA
Saudi Arabia's trade surplus increases by 329% year-on-year in May 2026
Saudi Arabia's trade surplus has surged by 329% year-on-year in May 2026, reflecting a significant boost in merchandise exports. This dramatic rise is primarily driven by a substantial increase in oil exports, which accounted for 75.6% of total merchandise exports. The long-term implication suggests that Saudi Arabia's export sector is strengthening, emphasizing the need for diversification in non-oil exports to sustain economic growth.
5 sourcesJul 29
- Business· UAE
Dubai opens new three-lane bridge to enhance traffic flow
A new three-lane bridge has been inaugurated in Dubai to improve traffic flow along the Sheikh Rashid Corridor. This development is part of the Oud Metha and Al Asayel Streets Development Project, which is nearing completion and includes additional infrastructure enhancements. The long-term implication is a significant reduction in travel times and improved connectivity to support urban growth in the region.
3 sourcesJul 29
- Crypto· World
Shiba Inu price surges 36% driven by South Korean retail trading activity
Shiba Inu's price surged 36% due to increased trading volume on South Korean exchanges. This rally was triggered by heightened speculative interest from retail investors without any significant announcements or fundamental catalysts. The long-term implication suggests a growing trend of speculative trading in cryptocurrencies, particularly in meme tokens, which may lead to increased volatility in the market.
3 sourcesJul 29
- Crypto· World
Garden Finance halts operations after $450,000 security breach in DeFi protocol
Garden Finance has temporarily disabled its application following a security breach that compromised an independent solver's off-chain database. The immediate trigger for this action was the insertion of fraudulent swap records into the database, leading to a loss of $450,000 in digital assets. This incident underscores the urgent need for enhanced security measures in decentralized finance applications to maintain user trust and prevent future exploits.
3 sourcesJul 29
- Crypto· World
Europe's MiCA Regulations Prompt Crypto Industry Consolidation
New regulatory frameworks in Europe and the U.K. are prompting crypto firms to consider mergers and acquisitions. The implementation of the Markets in Crypto-Assets regulation (MiCA) is driving up compliance costs, leading smaller firms to seek partnerships with larger entities or banks. This regulatory shift is likely to reshape the competitive landscape of the crypto industry through increased consolidation in the coming months.
3 sourcesJul 29
- Crypto· World
WEMIX suspends trading services after security breach leads to significant financial loss
WEMIX has suspended its bridges and trading services following a security breach that allowed an attacker to mint 5.23 million WEMIX$ and transfer approximately $724,198 in USDC.e. The immediate trigger for this action was the compromise of a WEMIX$-linked contract, which raised alarms about the platform's security measures. In the long term, WEMIX must enhance its security protocols to regain user trust and ensure its viability in the competitive cryptocurrency market.
4 sourcesJul 29
- Crypto· World
Triple-A stablecoin company suffers $12 million security breach
Triple-A reported a security breach resulting in the loss of approximately $12 million from its treasury wallets. The breach was triggered by unauthorized access to the company's digital assets, although client funds remain secure. This incident is likely to lead to increased scrutiny and regulatory responses aimed at enhancing security within the cryptocurrency industry.
3 sourcesJul 29
- Crypto· World
Storj Labs files for Chapter 11 bankruptcy while offering token holders equity stake
Storj Labs has filed for Chapter 11 bankruptcy protection, proposing a unique arrangement for token holders to convert their tokens into equity in the restructured company. This filing comes amid significant challenges in the cryptocurrency sector, reflecting ongoing volatility and investor concerns. The outcome of this bankruptcy could set a precedent for how decentralized companies manage financial distress and impact the broader crypto market.
4 sourcesJul 29
- Crypto· UAE
Tether Gold's XAU₮ Achieves Shariah Certification and Regulatory Recognition
Tether Gold's XAU₮ has received Shariah certification and recognition as an Accepted Spot Commodity by the Abu Dhabi Global Market. This development is driven by the growing demand for Shariah-compliant investment options among Islamic financial institutions. The long-term implication is an expected increase in adoption of Tether Gold within the Islamic finance sector, potentially expanding its market influence in cryptocurrency.
3 sourcesJul 29
- Crypto· World
Binance launches monthly phishing simulations to bolster employee cybersecurity
Binance has initiated a monthly phishing simulation program for its employees to enhance cybersecurity awareness. This move comes in response to the alarming statistic that social engineering attacks account for 65% of security breaches in the cryptocurrency sector. As cyber threats continue to evolve, such proactive measures are likely to become standard practice across the industry to safeguard sensitive information.
3 sourcesJul 29