News

A unit set up to provide recommendations, support and advice to the government on keeping public spending in check has issued warnings on a number of issues including expenditure, the impact of [...]

Profits from Portugal’s Pestana Group, which has hotels all over Portugal and some in Brazil, fell 4% to €105 million in 2023 compared to the €109.5 million posted in 2022. The group is the [...]

The former CEO of Altice Portugal, Alexandre Fonseca, has been appointed to the consultative board of the International Club of Portugal (ICPT). Fonseca will replace former AICEP Portugal Global [...]

The Portuguese-inspired Tuga car, a stylish, efficient urban commuter vehicle built on a flexible, modular platform, is to be showcased at the Abu Dhabi Driftx Exhibition tomorrow and on Friday. [...]

Portugal’s oil and gas company Galp had its second best day on the Euronext Lisbon stock market yesterday since 2006 after it announced that it had struck oil off the coast of Namibia. Galp [...]

The top brass at Portuguese renewables company Greenvolt have called bondholders who bought bonds in two issues (2022-2027 and 2021-2028) to two meetings of its general assembly on May 14 to [...]

The influx of professional and wealthy foreigners to Portugal has many benefits that are being overlooked in the country’s housing crisis debate, says Anne Brightman, CEO of Brightman Group. [...]

Portuguese motorways concession company Brisa netted €1Bn in turnover for the first time in its history in 2023 The group led by António Pires de Lima banked clear profits of €254.8 million, [...]

Portugal’s overseas investment bureau AICEP and its industrial site management company AICEP Global Parques do not foresee any further green energy project cancellations after a green hydrogen [...]

There were more houses on the market for sale in Portugal in the first quarter of 2024 with supply up by 11% like-for-like on 2023. This is according to the online estate agency Idealista, which [...]