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The Business Association of Portugal (AEP) is to suggest a €10Bn plan to re industrialise Portugal. The AEP’s president Luís Miguel Ribeiro will present the Government with a major [...]

The Portuguese International construction company Mota-Engil has won a €636 million contract in Mexico. The contract, in partnership with China Communications Construction, will build the first [...]

The European Investment Bank (EIB) has approved the setting up of a pan-European guaranteed fund of €25Bn. Each Member State will be called upon to pay a part towards the fund which will enable [...]

Portugal’s Prime Minister António Costa says that the overseas investment earmarked for Portugal before the Covid-19 pandemic is still very much on the cards. In a podcast yesterday he said not [...]

The Portuguese venture capital company Indico has joined forces with Google to launch a programme to accelerate startups. Both have pledged to invest €100,000 in each of the 6 to 10 startups to [...]

Some 48% of Portugal’s companies which responded to a National Statistics/Bank of Portugal Survey said they would not survive another two months without extra cashflow. Nevertheless, only 3% of [...]

Oil and gas company Galp saw its stock fall 6% on the Lisbon Stock Market on Tuesday as world oil prices plummeted into negative territory for the first time in history. On the day after WTI [...]

Portugal’s banks have deflected accusations that they are dragging their heels over granting cash-flow to Portuguese companies in dire straights because of the State of Emergency. The leaders of [...]

The airline mogul David Neeleman has offered to collaborate with the Portuguese government on a rescue solution for national carrier TAP. The entrepreneur who owns a considerable stake in the [...]

Portugal succeeded in attracting two overseas investment projects in the middle of a lockdown caused by the Covid-19 pandemic. The projects were revealed by Portugal’s overseas trade and [...]