Contract Type
partnership
Description
UAE Team Emirates, the No. 1 ranked cycling team in the UCI World Tour, has announced a 6-year partnership with XRG, an international energy and chemicals investment company. The partnership aims to advance the team's commitment to achieving Net-Zero by 2030 through the adoption of energy-efficient technologies and solutions.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months