Portugal’s four largest banks enjoyed profits of €4.4Bn in 2025 with Caixa Geral de Depósitos bringing in €1.9Bn – collectively profits were up 5% on 2024. The increase in profits is driven [...]
Home loans rose 10.4% in January compared to the same period last year, the highest annual growth rate since February 2006, according to data released by the Bank of Portugal. In turn, the total [...]
Since the foundation stone of the new five-star luxury Verdelargo hotel was laid in 2024 in Castro Marim in the Algarve, the cost of the construction has gone €27 million over the initial €52.5 [...]
Portugal gained market share within the electronic goods, music and books chain group Fnac Darty in 2025, reinforcing its status as the group’s fourth most important market while enjoying its [...]
Interest on Portuguese government savings bonds will be down in March at 2.01%. It will be the third consecutive fall in interest on bonds in a many months, but nevertheless, families are still [...]
A correction in the price of olive oil has caused exports of agricultural foodstuffs and beverages to fall for the first time in 10 years. Exports fell 4.5% to €7.8Bn in 2025 according to the [...]
A new data centre building on a 80 hectare site at Start Campus in Sines is being readied for construction to eventually receive 12,600 Nvidia chips shipped from the United States. More [...]
Portuguese bank Millennium bcp has reported a record profit of €1.02Bn for 2025. Millennium BCP reported a record net profit of €1.02Bn on Wednesday, a 12.4% increase compared to the previous [...]
The AngelsWay investment fund, community-managed and regulated by the CMVM (Portuguese Securities Market Commission), has closed its 10th investment round, thus reaching half of its objective of [...]
A public policy financial instrument aimed at rebuilding infrastructure caused by damage in the wake of Portugal’s violent January storms, could mean budget deficits and an increase in the public [...]
