News

The Banco de España and the Banco de Portugal held a bilateral meeting at the headquarters of the Spanish central bank in Madrid on Thursday, with the aim of strengthening relations between the [...]

The Government has insisted that Portugal’s new land law will lower the price of new houses in metropolitan areas and district capitals by 20%, setting values below those recorded in the country [...]

Portugal’s Government saw a package with 30 tax simplification measures approved in its parliament on Thursday, according to business daily Jornal de Negócios. Most (80%) aim to reduce context [...]

Portuguese real estate developer and manager Sonae Sierra and BTG Pactual, the largest investment bank in Latin America with European interests have launched a joint venture on the Iberian [...]

Revenues at Portuguese transport and electrical systems company Efacec doubled in 2024 to around €300 million compared to the €150 million posted in 2023 since it was taken over by German asset [...]

The Board of Directors at Portugal’s oil and gas giant Galp has decided unanimously to appoint its board members Maria João Carioca (CFO) and João Diogo Marques da Silva (EVP Commercial) as [...]

Jerónimo Martins, the owner of the Portuguese supermarket chain Pingo Doce, saw sales grow 9.3% last year to €33.5 million said the group on Tuesday in a note sent to the stock market regulator [...]

The President of State-owned bank Caixa Geral de Depósitos, Paulo Macedo, says the bank has an “obligation” to bring in between €800 million and €1.3Bn in profits per year, ensuring that the bank [...]

The airline conglomerate IAG, which owns British Airways and Iberia, has promised that if its eventual bid for Portuguese State airline TAP is successful, it will develop a TAP hub at Lisbon [...]

DILS Portugal is bringing experience, innovation and quality to Portugal’s high-end residential real estate market. Partner of Residential Patrícia Barão tells Essential Business how the company [...]