News

Samsung To Launch New Foldable Phones This August

In addition to the two foldable smartphones, Samsung will also probably launch the Galaxy Watch 5, the Galaxy Watch 5 Pro, and the Galaxy Buds 2 Pro.

Published

4 years ago

July 20, 2022

David Morelo

Samsung

Recent leaks have revealed renders of two new foldable smartphones from Samsung, which the South Korean producer of electronic devices will almost certainly launch on August 10th. The leaks come from Evan Blass and 91mobiles, and they show the Samsung Galaxy Z Fold 4 and the Samsung Galaxy Z Flip 4.

The Galaxy Z Fold 4 is showcased in three colors (Black, Blue, and Gold/Cream), and it sports a design that’s very similar to the design of the Galaxy Z Fold 3 we saw last year.

According to rumors that have been floating around the internet for some time now, the Galaxy Z Fold 4 will be slightly lighter than its predecessor and will ship with the Snapdragon 8+ Gen 1 processor and 12 GB of RAM. The device is expected to run Android 12 and be available with up to 1 TB of storage.

The smartphone’s cameras will also be upgraded and feature a 50 MP main sensor, a 12 MP ultrawide sensor, a 10 MP telephoto sensor with 3x optical zoom, a 10 MP front-facing sensor for selfies, and a 16 MP under-display sensor.

The Galaxy Z Flip 4 will also use the mighty Snapdragon 8+ Gen 1 processor, but it will probably be available with only 8 GB of RAM and up to 512 GB of storage.

Also Read: How To Find Remote-Only Tech Jobs In 2023

The upgrade users of the current Galaxy Z Flip 3 look forward to the most is the increase of the smartphone’s battery capacity from 3,300 mAh to 3,800 mAh or possibly even 3,900 mAh. Together with support for 25 W fast charging, it should make it much easier for users to maintain a reasonably high battery percentage.

In addition to the two foldable smartphones, Samsung will also probably launch the Galaxy Watch 5, the Galaxy Watch 5 Pro, and the Galaxy Buds 2 Pro. You’ll be able to watch the livestream on Samsung’s official website on August 10, 2022 (10:00PM KST).

News

Dirham-Backed Stablecoin DDSC Enters Live Phase In UAE

Central Bank approval moves the dirham-backed token into deployment, targeting regulated payments and settlement flows.

Published

4 days ago

February 13, 2026

Nour Nasir

dirham-backed stablecoin ddsc enters live phase in uae

The UAE has cleared the launch of DDSC, a dirham-backed stablecoin now entering live operation after approval from the Central Bank. The move pushes the project beyond its pilot phase and into the country’s regulated financial system.

The token is backed by a consortium led by IHC, Sirius International Holding and First Abu Dhabi Bank (FAB), framing it as an institutional instrument rather than a consumer crypto product. DDSC was first announced in April 2025, but regulatory clearance now allows deployment and integration across approved channels.

DDSC runs on ADI Chain, a Layer 2 blockchain built by the Abu Dhabi-based ADI Foundation. The infrastructure is designed for governance and performance requirements expected by large institutions, linking blockchain settlement with existing compliance and oversight frameworks.

The focus is practical, targeting treasury settlements, high-value payments, trade and supply-chain transactions, and programmable financial flows for regulated entities. FAB plans to offer access to the token through approved platforms for its clients, keeping the rollout inside controlled banking environments.

“DDSC marks a defining milestone in the UAE’s digital finance journey,” said Syed Basar Shueb, CEO of IHC. “With the Central Bank’s approval and our transition into live operation, we are delivering trusted, institutional-grade infrastructure that strengthens resilience, accelerates innovation, and expands what is possible in regulated digital payments”.

Also Read: Basatne Debuts ORBT Platform For Digital Refunds In UAE

FAB says the project reflects how stablecoins can sit within traditional finance when risk controls are built in from the outset. “This milestone underscores that stablecoins can be integrated responsibly into the financial system when built to meet rigorous regulatory and risk requirements,” said Futoon Hamdan AlMazrouei, Group Head of Personal, Business, Wealth and Privileged Client Banking Group at FAB.

The launch reinforces the UAE’s strategy of pushing digital finance through regulation instead of open-ended crypto experimentation. Stablecoins in this model are positioned less as trading assets and more as programmable extensions of national currency, aimed at institutional scale and government use cases.