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The Port of Sines could double its gas storage capacity by building a new liquefied natural gas terminal. The infrastructure could be built within a year with a reasonable amount of investment. [...]

The contract of sale for 71.73% of electrical and transport systems company Efacec to DST was signed on Friday. The sale which had been agreed in December means the majority shareholding will now [...]

The European Commission has approved the payment of €1.16Bn to Portugal to finance its national Recovery and Resilience Plan (RRP) of which €554.4 are grants and €609 million are loans. European [...]

The price of fuel in Portugal is set to go up again next week with diesel and petrol costing 18 cents and 9 cents more respectively. It dashes hopes that energy prices which had fallen this week [...]

Four banks in Portugal have reached an agreement to split the assets of ECS Capital. Founded in 2006, ECS is a private equity and restructuring firm focused on the Portuguese market. ECS [...]

Neuraspace has raised €2.5 million from Armilar Venture Partners. The company will use these funds to accelerate the commercialisation of its platform. Neuraspace, which is incubated in the [...]

The 25th Vilamoura International Boat Show returns to Marina de Vilamoura from 11-19 of June. Organised by Vilamoura Marina and FIL (Feira Internacional de Lisboa) the boat show brings together a [...]

Portugal’s historic villages are increasingly in demand from tourists as is the accommodation to host them, with buoyant bookings for this summer. According to Dalila Dias, the coordinator of a [...]

Portugal’s new government is to move its centre of operations to the same building which is currently the headquarters of the State-owned bank Caixa Geral de Depósitos in Lisbon’s Campo [...]

Lisbon’s former mayor Fernando Medina is to be Portugal’s next finance minister, replacing João Leão who in turn had replaced Mário Centeno, now the governor of the Bank of Portugal. In the [...]