Mortgages will go up between 10% and 55% from December. Monthly repayments on mortgages will rise again from December by between 10% and 55%. They will rise at a particularly challenging time for [...]

Azores Airlines has already exceeded more than a million passengers in 2022 – a new record for the airline. The moment was marked by a surprise celebration at the check-in balcony for [...]

A consortium led by the Sino-Portuguese construction multinational Mota-Engil has been chosen by the State of Lagos in Nigeria to build a US$2.5Bn (€2.4Bn) bridge. According to the agency [...]

A real estate investment trust (REIT) belonging to Sonae Sierra has paid €26.2 million for three Continente hypermarkets. Olimpo Real Estate Portugal (ORES), was the first real estate investment [...]

The Bank of Portugal has appointed economists Clara Raposo (pictured) and Luís Máximo dos Santos as vice-governors of the Bank of Portugal along with Francisca Guedes de Oliveira, Helena Adegas [...]

Portugal’s Minster for the Economy has sacked Rita Marques, the Secretary of State for Tourism. Rita Marques has been dismissed over support she showed on social networks to statements made by [...]

With inflation pushing up the average supermarket shop to 15% since the pandemic, one innovative and sustainable startup – Raiz – has a sustainable answer: vertical farming. Text: Chris Graeme [...]

Analysts at bank BPI says that despite the Portuguese housing market showing a high level of resilience, there may be a housing market price correction of 1.5% in 2023. For 2022 overall, BPI [...]

Madeira and Porto Santo airports saw 3,062 million passengers between January and September 2022. This is according to the Directorate Regional of Statistics (DREM), which said the numbers [...]

A Portuguese startup, CRIAM, has developed a solution that allows blood tests to be done in just three minutes. The device which won the Born from Knowledge Award, attributed by the National [...]