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Portugal’s Minister of the Economy, António Costa e Silva says the government may “resuscitate” the exploration of natural gas reserves off the coast of the Algarve. The former oil company boss [...]

Portugal will be the first country in the world to produce green ammonia on an industrial scale from 2026 according to the CEO of Madoqua Renewables Rogaciano Rebelo. To the end of 2026 the [...]

Novobanco has bought the Aqualuz Tróia Mar & Rio and The Editory By The Sea Tróia-Comporta from Sonae Capital. The two hotel units which wee part of Tróia Resort were bought by a Novobanco [...]

Interest rates on Portugal’s sovereign debt has increased to its highest level since September 2017. The increase in interest rates on sovereigns accompanies similar increases bonds across the [...]

The Portuguese government has to tread carefully over the coming months as inflation starts to bite. It cannot afford to put public finances at risk in a bid to help ease the plight of families [...]

Portugal is the ‘partner country’ at Europe’s largest industrial trade fair Hannover Messe which opened on Monday and ends on June 2. Portugal’s national committee this year comprises 109 [...]

Some 350 Portuguese own 819 properties in the tax haven of Dubai worth €282.2 million. This is according to the EU’s tax haven blacklist (Non-Cooperative Jurisdictions for Tax Purposes). The [...]

Inflation in Portugal is putting the squeeze on household budgets as it hits the highest level since 1993. According to Portugal’s national statistics institute (INE), inflation climbed to 7.2% [...]

The growth of Portugal’s economy has to be done sustainably and not faked through some kind of Russian style ‘doping’ warned the parliamentary chief whip of Portugal’s ruling PS party this week. [...]

According to the African Development Bank’s economic outlook report, Angola’s oil driven economy has been in recession since 2016, leading to an increase in its debt-to.GDP ratio from 57.1% in [...]