Mortgages in Portugal grew by 8.1% in July like-for-like on 2024 – the highest growth since August 2008, to €106.2 million by the end of July according to the Bank of Portugal. “In July, [...]
The Vila Galé Group has opened three new hotels in Cuba: Vila Galé Express Park View (Havana), Vila Galé Cayo Santa Maria (Cayo las Brujas) and Vila Galé Tropical Varadero (Varadero). Operations [...]
Portugal ’s national airline TAP is moving towards part privatisation after the government approved a 49.9% sale of its capital. But despite a profit of €37.5 million between April and June this [...]
The Portuguese multinational, multi-sector holding Visabeira has officially registered its intention to launch a take-over bid or Public Acquisition Offer for the remaining shares of Martifer [...]
Portugal’s postal service CTT decided to suspend the transport of parcels from one side of the Atlantic to the other because the ‘de minimus’ regime has been terminated and which exempted import [...]
The developer and investor UIP, which owns Pine Cliffs in the Algarve, says it is committed to continuing to invest in Portugal. The group is currently developing Quinta Marques Gomes (pictured) [...]
The German developer Rockstone is to invest over €250 million in Portuguese real estate over the next few years to take advantage of the “golden decade” that the market is enjoying. Rockstone is [...]
Both in distribution and sales to restaurants, wine sales in the first half of the year fell in terms of the number of litres, but grew in value, with the average price rising 4.2% Portuguese [...]
Portugal’s share of foreign direct investment is among the most relevant of the 27 OECD countries according to a study. In 2024, the amount of foreign direct investment and its impact on [...]
The Executive Vice President of the Association of Metallurgical, Metalworking and Allied Industries of Portugal (AIMMAP), Rafael Campos Pereira, says that direct exports from the sector to the [...]
