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UAE’s Altera Acquisition Signals Big Bet on AI Chips

The United Arab Emirates (UAE) has made a landmark move in the global technology arena by acquiring Altera, a prominent player in semiconductor and AI chip manufacturing. This acquisition signals the UAE’s ambition to diversify its economy beyond oil and establish a leadership role in the rapidly growing artificial intelligence and semiconductor industry. Strategic Significance […]

September 17, 2025

By SLDirectory

Sri Lanka Targets 6% GDP Growth by 2026 Amidst Economic Challenges

Sri Lanka has announced an ambitious target of achieving 6% GDP growth by 2026, reflecting cautious optimism for economic revival after years of fiscal and structural challenges. The government’s plan emphasizes major reforms, infrastructure development, and investment promotion as key drivers to achieve sustainable economic growth. Growth Ambitions The medium-term economic framework laid out by […]

September 17, 2025

By SLDirectory

Battle of the Beverages: Reliance’s Campa Launches in Sri Lanka with Elephant House

In a bold move set to shake up Sri Lanka’s beverage market, Reliance Consumer Products Ltd. (RCPL), owned by Indian billionaire Mukesh Ambani, has launched the iconic Campa soft drink brand in partnership with Elephant House Beverages. The revival of Campa represents not just the return of a nostalgic Indian brand, but also a strategic […]

September 17, 2025

By SLDirectory

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