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ITA announces partnerships in the MENA region to advance green industry

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The Industrial Transition Accelerator (ITA) announces partnerships with the UAE and Bahrain as it ramps up activity in the Middle East and North Africa (MENA) region, where it will work directly with industry, investors and local governments to accelerate investment by 2026

First country partners of the ITA MENA Project Support Programme are the United Arab Emirates (UAE) and the Kingdom of Bahrain.The ITA is working with the UAE’s Ministry of Industry and Advanced Technology and with the Ministry of Industry and Commerce in Bahrain to ensure efforts align with national climate objectives.

ABU DHABI, United Arab Emirates , Nov. 11, 2024 /PRNewswire/ — The Industrial Transition Accelerator (ITA) has announced partnerships with governments of the UAE and Bahrain to expand its efforts in industrial decarbonisation across the Middle East and North Africa (MENA) region. This is the ITA’s second region of focus, following the early success of its Brazil programme, announced in a partnership with Brazil’s Ministry of Development, Industry, Trade and Services in July this year.

 

The industrial sector contributes 40% to MENA’s GDP, surpassing the global average of 26%, and with advantages in both conventional energy and renewable energy generation, the MENA region is well-positioned to lead the global decarbonisation of heavy industry1.

The UAE’s Ministry of Industry and Advanced Technology and Bahrain’s Ministry for Industry and Commerce are the ITA’s first partners in the MENA region, with further country partners expected to be announced in the coming months. The ITA will collaborate with regional governments, industry leaders, and financial institutions to bolster the investment case for MENA’s emerging green industries and mobilise the critical capital needed to advance regional and global decarbonisation efforts.

The ITA’s analysis, using the Mission Possible Partnership (MPP) Global Project Tracker shows a pipeline of announced green industrial projects in the MENA region.  These projects are awaiting billions of dollars of investment to start production of green commodities but require a stronger demand signal from the market to give businesses and investors the confidence to act2.

H.E. Abdulla Bin Adel Fakhro, Minister of Industry and Commerce of the Kingdom of Bahrain, said: “We are delighted to be the first partner to join the ITA along with the UAE in the MENA Project Support Programme in this critical initiative to expand green industry in the region. Being part of this reaffirms our commitment towards promoting sustainable manufacturing inline with our Industrial Sector Strategy (2022-2026). The opportunities are vast and exciting and the need to advance this industry is urgent to accelerate our efforts to achieve carbon neutrality.” 

Faustine Delasalle, Executive Director of the ITA, said: “Unlocking the existing pipeline of green industrial projects in the region would make a significant contribution to the region’s green growth agendas and help the scale-up of green markets globally. This new partnership with the governments of the UAE and Bahrain will showcase how the MENA region can speed up its energy and industry transition.” 

The road to Final Investment Decision (FID) in the UAE  

The ITA is working to identify and support large-scale industrial projects that can be accelerated toward FID by 2026 and operational by 2030.  

To get on track with Paris-aligned climate targets, a critical mass of large-scale projects that have the potential to drive a deep reduction in emissions, must reach FID in the next two years and be brought online by 2030. The MPP Global Project Tracker has identified more than six announced net-zero aligned industrial plants in the UAE which, if brought to FID and combined with those already operating or at FID, would represent a total of approximately 30% of UAE’s 2030 climate target. 

Targeted Regional Support  

To help mature the project pipeline in the MENA region, the ITA will provide on-the-ground, practical, tailored implementation support. Specifically, the ITA is partnering with project developers to identify and help overcome their barriers to investment by, for example, helping to stimulate demand for green goods by addressing policy and regulatory needs at a regional level, while building low-emissions value chains and identifying mechanisms to de-risk regional project investment. 

Corporate partnerships 

The following companies from the UAE are the first to sign formal agreements to work with the ITA as part of the MENA program: EMSteel, Emirates Global Aluminium, and Arabian Gulf Steel Industries.

Eng. Saeed Ghumran Al Remeithi, Group Chief Executive Officer of EMSTEEL, said: “As one of the largest publicly traded steel and building materials manufacturers in the region, we are honoured to be working with the ITA to accelerate the decarbonisation of heavy industries in the UAE and beyond. EMSTEEL has been actively driving low-carbon products and setting sustainable benchmarks for the region, and our pilot project with Masdar demonstrating the use of green hydrogen to produce green steel is a clear testament to our efforts. It is essential for us to work with the wider ecosystem to effectively address viability concerns of commercial scale decarbonisation projects, and we are confident that our partnership with the ITA will help in overcoming those obstacles and in driving the wider adoption of sustainable solutions.”

Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said: “Many decarbonisation challenges are shared between industries, and we must work together to solve them. The Industrial Transition Accelerator is a forum to advance this cooperation.”

Asam Hussain, CEO of AGSI, stated: “As a signatory to the ITA, and the world’s first carbon neutral steel plant, we are excited to see the opportunities for advancing net-zero goals in the MENA region. We are committed to being an innovation leader in industry on the ground, actively implementing sustainable solutions and driving decarbonisation across the sector.  In order to drive progress effectively, we need a clear path to scale demand, clarity in industry definitions and confidence in policy frameworks that support project scalability.”

Notes to Editors

About the ITA: The ITA is a global multistakeholder initiative to catalyse decarbonisation across heavy-emitting industry and transport sectors, that represent a third of global emissions. With expansive networks across industry, financial institutions, and governments, the ITA brings together global leaders to unlock investment at scale, for the rapid deployment of decarbonisation solutions. Within three years, it aims to significantly grow the pipeline of commercial-scale, clean industrial projects to reduce emissions by 2030 and enable delivery of Paris Agreement-aligned ambition for these sectors. https://ita.missionpossiblepartnership.org/ 

1 https://data.worldbank.org/indicator/NV.IND.TOTL.ZS?most_recent_value_desc=true
2 https://www.missionpossiblepartnership.org/tracker/ 

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Universal Robots launches new service and repair center in India, elevating customer support

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November 25, 2024

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BENGALURU, India, Nov. 25, 2024 /PRNewswire/ — Universal Robots, the Danish collaborative robot (cobot) company, has announced it will open a brand-new service and repair center exclusively for its India customers. Located in Unit No. 107, 1st Floor Brigade Senate 2, Hebbal – 560094, home to Universal Robots’ local headquarters, the center will officially open its doors on November 25.

This new facility is dedicatedly designed to address the rising demand for automation solutions across India. It aims to provide existing and new customers with faster response times and cost-effective service solutions, including refurbishments and repairs for the complete range of cobots in Universal Robots’ extensive portfolio.

“India is a vital market for UR, and we see tremendous potential for cobot automation in Indian manufacturing, particularly with the automation market projected to double by 2029,” states Anurag Thakur, VP of Services at Universal Robots. He adds, “Our new service, repair, and training center represents a strategic investment, underscoring our commitment to the Indian market. This center will enable us to offer faster, localized support, helping our customers reduce downtime and boost productivity to fully leverage their cobots.”

The center in Bengaluru is only one part of the refined UR Care Service Plans which offers customers a complete suite of services, including 24/7 priority access to support, advanced fleet management through digital support platforms, certified training programs and proactive maintenance to keep cobots running smoothly with minimal downtime.

“We see great opportunities for cobot automation in India as part of automation within a wide spectrum of industries, and for research and use in education. Availability of the latest technologies, safety compliance standards, ease of deployment and ease of use makes the UR portfolio a perfect fit for the market,” says Virupakshappa Hovale, Regional Director for South Asia at Universal Robots. He adds, “Our new service, repair, and training center and associated infrastructure positions UR uniquely to enhance customer satisfaction with focus on local value-add.”

See images from  the new service and repair center in Bengaluru, India, here.

Read more about UR Care here.

About Universal Robots

Universal Robots is a global leader in collaborative robotics (cobots), used across a wide range of industries. Our mission is simple: Automation for anyone. Anywhere. With over 90,000 cobots sold worldwide, our user-friendly platform is supported by intuitive PolyScope software, award-winning training, comprehensive services, and the world’s largest cobot ecosystem, delivering innovation and choice to our customers.

Universal Robots is part of Teradyne Robotics, a division of Teradyne (NASDAQ: TER), a leading supplier of automatic test equipment and advanced robotics technology.

For more information, please visit www.universal-robots.com.

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Analytic Partners Recognised as a Leader in Inaugural Gartner® Magic Quadrant™ for Marketing Mix Modelling Solutions

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November 25, 2024

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Analytic Partners Placed Highest for Ability to Execute and Furthest for Completeness of Vision

MIAMI, Nov. 25, 2024 /PRNewswire/ — Analytic Partners, the Commercial Intelligence company for insights-driven brands, today announced it has been recognised as a Leader in the inaugural Gartner® Magic Quadrant™ for Marketing Mix Modelling (MMM) Solutions. Analytic Partners is positioned highest in Ability to Execute and furthest in Completeness of Vision.

“We believe our position as a Leader underscores our dedication to our customers and our ongoing commitment to innovation,” said Nancy Smith, President and CEO of Analytic Partners. “We appreciate the extensive research Gartner has done in guiding our industry forward. This recognition, we feel, highlights the critical role Commercial Analytics plays in delivering forward-looking decision-making for lasting, meaningful growth.”  

Elevating Insights Beyond MMM and MTA

Analytic Partners’ longstanding commitment to deliver insights and solutions extends well beyond Multi-Touch Attribution (MTA) and MMM. Analytic Partners’ Commercial Analytics solution integrates all factors driving performance outcomes – including finance, supply chain and other enterprise functions. This holistic, company-wide approach provides a forward-looking decision-making framework that brands rely on to measure both short-term and long-term impact, ensuring sustained growth.

GPS Enterprise: A Powerful Platform for Enabling Growth

Powered by the GPS Enterprise platform, Commercial Analytics combines data science and technology to deliver actionable insights that enable brands to make proactive, forward-looking commercial decisions. This end-to-end platform, informed by ROI Genome intelligence, ensures streamlined data management, application of advanced analytics and multi-objective optimisations to help brands meet their growth goals.

Recognition Extends to Gartner Critical Capabilities Report for MMM Solutions

The recognition also extends beyond the Magic Quadrant™. In the accompanying Critical Capabilities report for MMM Solutions, Analytic Partners received the highest scores across all eight Use Cases, including:

Highest score in Complex Marketing AnalyticsHighest score in Business Scenario PlanningHighest score in Data ManagementHighest score in Media Optimisation

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high, and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables businesses to get the most from market analysis in alignment with their unique business and technology needs.

To read the full Magic Quadrant™ report, access a complimentary copy here.  

Gartner, Magic Quadrant for Marketing Mix Modelling Solutions, Matt Wakeman, David Walters, Joseph Enever, Weicong Zhao, 19 November 2024

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organisation and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Analytic Partners  

Analytic Partners is the leader in Commercial Analytics, providing adaptive solutions for deeper business understanding, right-time planning and optimisation for marketing and beyond. We turn data into expertise so our customers can create powerful connections with their customers and achieve commercial success. For more information, visit analyticpartners.com.

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Travel Hacks to Unlock the Best Deals on Traveloka Black Friday

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November 25, 2024

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Buy 1 Get 1 deals, and more during Traveloka Black Friday—stay tuned for more exciting campaigns this December and year-end!

SINGAPORE, Nov. 25, 2024 /PRNewswire/ — Traveloka, Southeast Asia’s leading travel platform, is thrilled to kick off its highly anticipated Black Friday campaign, running from November 25 to December 1.

Designed to meet the rising demand for festive season travel, the campaign features up to 30% discounts, Buy 1 Get 1 Free deals, and daily coupons worth up to 100 SGD, making holiday dreams more accessible than ever.

Make the most of Traveloka Black Friday with these simple tips:

Activate Price Alerts for the Best Deals

Traveloka’s Price Alerts tool tracks ticket and hotel price changes automatically, helping you grab the best deals without constant checking. To set it up, open the Traveloka app, navigate to the “Price Alerts” section, select your destination and dates, and input your preferred budget.

Choose Flexible Options

Traveloka offers flexibility with its Refundable filter, perfect for those who need adaptable plans, allowing easy cancellations. Enjoy features like easy reschedule, multiple payment methods, and other flexible options that ensure your holiday plans remain safe, comfortable, and stress-free.

Pick the Perfect Moment to Hunt for Deals

Timing is key! Here’s how to make the most of it:

Flash Hour Sale (November 25 to December 1): Twice daily, from 11:00 AM to 2:00 PM and 7:00 PM to 10:00 PM

Unlock Big Savings with Exclusive Coupon Codes on Traveloka Black Friday

Get ready to save like never before with Traveloka Black Friday! Use exclusive coupon codes to score unbeatable deals on flights, hotels, and more. Whether you’re planning a tropical escape to Bali, a cultural adventure in Vietnam or Bangkok, a vibrant city trip to Singapore or Hong Kong SAR, or even a getaway to Japan, Korea, Taiwan region, or Australia, the possibilities are endless. Enjoy discounts of up to SGD 100 on Singapore Airlines flights, this is your chance to explore the world without overspending.

Don’t wait—download the Traveloka app today, ensure it’s updated, and turn your dream holiday into reality! Visit the official Traveloka website or follow us on Instagram, Facebook, and X for more detailed information about Black Friday Sale.

About Traveloka

Traveloka is Southeast Asia’s leading travel platform, empowering consumers to explore, book, and enjoy a wide range of travel products. The platform offers extensive transportation options, including flights, buses, trains, car rentals, and airport transfers. Traveloka’s accommodation offerings are equally broad, encompassing hotels, apartments, guest houses, homestays, resorts, and villas. Additionally, the platform enhances the travel experience by offering cruise packages and access to various local attractions, such as theme parks, museums, day tours, and more.

Founded in Indonesia in 2012, Traveloka has expanded its operations to Thailand, Vietnam, Singapore, Malaysia, the Philippines, and Australia. The company is committed to providing exceptional customer service with 24/7 support available in local languages and acceptance of over 40 payment methods. With nearly 140 million app downloads and nearly 50 million monthly active users, Traveloka stands as one of the most popular travel apps in the region. For more information, please visit Traveloka.

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SOURCE Traveloka

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