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Consumer loans from banks and credit agencies soared to a new 10-year record of €3.2Bn for the first five months of this year, despite high interest rates. It was the highest value since 2013 [...]

The German fund Mutares has informed the Portuguese competition authority of its purchase of the electrical and transport systems company Efacec. The regulator AdC made the information public on [...]

The Magellan 500 Group, one of the possible developers of Lisbon’s new International airport with a suggested site at Santarém, has formed a partnership with the Spanish company Ferrovial for [...]

Most districts in Portugal saw average house prices rise by 30% in the first quarter of the year on the same three months in 2020. (A period in which the market operated normally until lockdown [...]

The CEO of Portugal’s energy giant EDP, Miguel Stilwell has promised a record investment in EDP Brasil to the tune of €6Bn to 2028. The EDP CEO and new chairman of EDP Brasil following the IPO [...]

Portugal’s energy giant Galp Energia saw petroleum production tumble in the second quarter of the year and its oil refining margins fall by over 50% on the same period because of the falling [...]

The Co-CEO of Altice Portugal Alexandre Fonseca has stepped down from all executive and non-executive functions at the telecoms giant because he is under judicial investigation. Alexandre [...]

Portugal’s current urban housing crisis is not the first in its history but it is unique in that it has hit the middle class for the first time. But is it simply caused by speculation from Golden [...]

The Portuguese tax authorities are preparing a tax sweep on Local Accommodation properties nationwide, the timing of which, given the government ‘s ‘More Housing’ clampdown on [...]

EDP’s electrical output fell 7% in the first half of 2023 party because of the effects of El Niño which particularly effected EDP Renováveis’ wind energy capacity in the US. In the same period [...]