News

Portugal is preparing for a change to more favourable winds on the international economic scene according to Portugal’s secretary of State for the Economy, João Rui Ferreira. Addressing movers [...]

An imbalance in the Lisbon housing market has resulted in house prices skyrocketing in recent years, making the prospect of buying affordable housing increasingly out of reach for the middle [...]

Portugal is at the forefront of the adoption of artificial intelligence (AI). This is according to Microsoft in its latest study “AI Diffusion Report: Where AI is most used, developed and [...]

Portugal’s government has decided to withdraw Recovery and Resilience Fund financing from the Lisbon Metro Red Line extension plan and the new East Lisbon Hospital Oriental project [...]

In the first nine months of the year, Portugal’s high street bank BPI saw profits tumble by 5% to €362 million in Portugal with its Angolan operations making profits but its Mozambique results [...]

Novobanco closed the first nine months of the year with net profits of €610 million, up €100 million on the same period in 2024. But the bank’s financial margins shrank by 6.5% to €829 million, [...]

Portugal’s development bank Banco Português de Fomento (BPF) is continuing its focus on accelerating the concession of State-backed loans underwritten by cash from Portugal’s Recovery & [...]

When the Banco Espírito Santo (BES) led by Ricardo Salgado ignominiously collapsed in 2014, leaving its major French investor Crédit Agricole with nothing, few could have imagined that its [...]

Start Campus has announced “the biggest data centres deal in Portugal” after it successfully completed negotiations with British company Nscale, a cloud platform with high-performance computing [...]

The Negotiations for the acquisition of a “relevant stake” in the Portuguese media empire Impresa, which holds TV station SIC and newspaper Expresso, are said to be likely to draw to a close by [...]