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Samsung Unpacked 2024: Key Product Announcements

The hotly anticipated Galaxy Unpacked event showed off the company’s premium new smartphones for the first time, and revealed an unexpected new wearable.

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Samsung

South Korean tech giant Samsung has started 2024 by unveiling the Galaxy S24 series at the highly anticipated Galaxy Unpacked event. The new smartphones come equipped with on-device generative AI, enhanced specifications, and upgraded camera capabilities.

As customary for Samsung’s early-year events, the S24 flagship phones took center stage. This year, the spotlight was on generative AI, a technology that has gained prominence with the arrival of ChatGPT, Google Bard and more. The Galaxy S24 series is among the first phones to launch with Qualcomm’s cutting-edge Snapdragon 8 Gen 3, which features on-device generative AI capabilities.

The S24 series combines on-device and cloud-based generative AI, referred to as Galaxy AI, to deliver a range of innovative features. Some of these features, like live translation and text message tone suggestions, may sound familiar, while others, such as converting regular-speed videos into slow-motion by generating extra frames, are entirely new.

The top-tier model in the S24 series, the Galaxy S24 Ultra, has received substantial upgrades. It now boasts a titanium body, a 50-megapixel 5x optical camera for sharper distance photography (replacing the 10-megapixel 10x optical zoom camera), and comes with 12GB of RAM.

The standard S24 and S24+ models have fewer upgrades, with slightly larger screens and improved resolutions compared to their predecessors. The S24+ now shares the same Quad HD Plus resolution display as the S24 Ultra. Battery capacities have also increased slightly.

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Samsung has also stepped up efforts to incorporate more recycled materials in the devices, including using cobalt in batteries and rare earth elements in speakers. Notably, Galaxy S24 phones will now receive seven years of Android and security updates, extending their lifespan into 2031.

Towards the end of the event, Samsung unveiled upcoming enhancements to Samsung Health, particularly in the realm of sleep tracking and other health metrics. The event’s climax was the surprise announcement of the Galaxy Ring, a device expected to be equipped with various sensors for continuous health monitoring throughout the day.

Samsung Galaxy S24 Pricing

Pricing for the Samsung Galaxy S24 starts at $800, the S24+ begins at $1,000, and the S24 Ultra will set enthusiasts back $1,300. Prices are in line with last year’s models, with the increase in the S24 Ultra attributed to the use of more durable materials.

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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.

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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.

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