Engie Portugal has acquired 100% of the capital of Ikaros Hemera, a company that operates in the Portuguese solar energy market in which it has a 10% market share. Engie Portugal has classified [...]
Revenues spent on local accommodation such as bed & breakfast guest houses and AirBnB created a €980 million turnover in the Algarve over 12 months (July 2018-June 2019). Some 5,752 local [...]
The 344 wealthiest in Portugal – which for the Portuguese tax authorities means assets and property worth over €5 million — represented almost 1% of Portugal’s GDP in 2018. Based on the [...]
Brazilian bank BTG Pactual is to enter the Portuguese market to attract wealthy emigre Brazilians living in Portugal. The investment bank, that was the target of searches over the corruption case [...]
Portugal’s burgeoning ‘sharing economy’ has unlimited potential to enhance and redefine the lifestyle of future generations — but demands new solutions to promote long-term [...]
M&A acquisitions increased in the first 11 months of 2019 like-for-like in deals worth €8.4Bn. However, acquisitions in the real estate sector fell back by 2% according to Transactional Track [...]
House prices in Portugal are set to rise by 4% in 2020 according to a report from the financial ratings agency Moody’s published this week. For 2020, for new sales in Portugal, despite “some [...]
Air BnB style local accommodation in Portugal should give the Portuguese economy a boost of €432 million by the end of the year. This is according to a study made for the second year running by [...]
Tax increases in Portugal between 1965 and 2018 display some of the highest increases out of all the OECD countries. In fact, the tax burden on businesses and citizens increased from 15.7% of GDP [...]
The US Secretary of State, Mike Pompeo warned the Portuguese Government on the risk of having the Chinese company Huawei operating 5G technology in Portugal on Thursday. Meeting with the [...]