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Portugal Launches TAP Reprivatization Process, Eyes Sale Of 49.9% Stake

The Portuguese government has formally approved the launch of a partial reprivatization of TAP Air Portugal, initiating a process that could see up to 49.9% of the national carrier sold. The move was confirmed during a meeting of the Council of...

Portugal Inflation Confirmed At 2.4%

Portugal Inflation Confirmed At 2.4%

Portugal's consumer price inflation increased slightly as initially estimated in June, the latest data from Statistics Portugal showed on Thursday. Consumer price inflation rose to 2.4 percent in June from 2.3 percent in May. That was in line with...

"Portugal has no future" without immigrants

"Portugal has no future" without immigrants

In a speech at the commemorative session of the 46th anniversary of the Polytechnic Institute of Coimbra, the governor of the Bank of Portugal said that the "powerful concept behind this enormous success of our economies and societies is the...

Portugal committed to infrastructure in Angola has 2.5 billion to restore historical monuments

Portugal committed to infrastructure in Angola has 2.5 billion to restore historical monuments

Reiterating Portugal's commitment to continuing its collaboration with Angola in the infrastructure sector, the Portuguese diplomat also stated that Portugal is committed to fostering professional training opportunities for Angolans, especially...

Portugal’s tourism boom spurs hotel sales

Portugal’s tourism boom spurs hotel sales

The Portuguese hotel sector has demonstrated remarkable resilience, even as rising interest rates since 2022 have challenged the broader European real estate market. In 2024 alone, Portugal welcomed a record 31.6 million tourists, with commercial...

Portugal’s Space Sector Gains Momentum with Open Cosmos Acquisition

Portugal’s Space Sector Gains Momentum with Open Cosmos Acquisition

Open Cosmos, which designs, builds, and operates end-to-end satellite missions with operations in the UK, Spain, and Greece, gains through this acquisition a significant boost to its long-term industrial footprint in Portugal and its capabilities...

Portuguese star featured in new Superman movie

Portuguese star featured in new Superman movie

"My character is a little different from the original; she's a little more modern," said the model and actress in an interview with Lusa, noting that Eve was created for Richard Donner's "Superman" films, produced between 1978 and 1980. "She seems...

PORTUGAL’S FIRST MONDRIAN AT ARCAYA, ALGARVE

PORTUGAL’S FIRST MONDRIAN AT ARCAYA, ALGARVE

Bondstone, a leading real estate investment and development firm, and Ennismore, the fastest-growing lifestyle hospitality company, are proud to announce the signing of a memorandum of understanding for Mondrian Arcaya, which would be the first...

Business News | Reliance Industries to Report April-June Quarter Earnings on July 18 After Board Meeting

Business News | Reliance Industries to Report April-June Quarter Earnings on July 18 After Board Meeting

Mumbai (Maharashtra) [India], July 11 (ANI): The Board of Directors of Reliance Industries Ltd is scheduled to be held on July 18, 2025, where they will consider and approve the standalone and consolidated financial results of the company for the...

EU places ocean energy at heart of clean power push

EU places ocean energy at heart of clean power push

The European Commission has included ocean energy among the technologies eligible under the 5% innovation target set by the EU Renewable Energy Directive. According to Ocean Energy Europe (OEE), a network of ocean energy professionals, the...

Gov't restarts sale of 49.9% in TAP Air Portugal

Gov't restarts sale of 49.9% in TAP Air Portugal

The Portuguese Council of Ministers has approved a decree initiating the privatisation of TAP Air Portugal (TP, Lisbon). The government aims to divest a 49.9% stake, including a 44.9% stake to one or more investors, and 5% stake earmarked for the...

35th ACTA Travel Industry Golf Tournament celebrates Wendy Paradis’ tenure

35th ACTA Travel Industry Golf Tournament celebrates Wendy Paradis’ tenure

There was just as much action off the course as on the links yesterday for the 35th annual ACTA Travel Industry Golf Tournament at the Royal Ontario Golf Club as supplier sponsors set up stands offering cocktails, refreshing cold towels, ice cream...

€2.45 million wave energy project targets Atlantic coastal deployment

€2.45 million wave energy project targets Atlantic coastal deployment

Wave energy developer Eco Wave Power has joined a newly approved €2.45 million project under the Interreg Atlantic Area Program, focused on advancing scalable wave energy deployment across Europe’s Atlantic coastline. Source: Eco Wave Power...

Portugal Welcomes Bids for TAP Air Portugal as Airline Industry Consolidates

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Portugal’s government has officially opened the door to investment offers from three leading European airlines...

Portugal’s Rise in Hospitality: How EQTY’s Diversified Strategy Aligns with a Booming Sector

Portugal’s Rise in Hospitality: How EQTY’s Diversified Strategy Aligns with a Booming Sector

Our investment strategy is grounded in the belief that meaningful growth comes from anticipating macro trends and partnering with companies that don’t just follow markets — they elevate them. While we advise on investments across borders, Portugal...

Families jetting off to Spain and Portugal face paying 'hundreds' of pounds more

Families jetting off to Spain and Portugal face paying 'hundreds' of pounds more

British tourists heading off to holiday hotspots could find themselves paying out far more than expected due to rocketing costs. Some risk having to shell out hundreds of pounds more than last year as research shows price rises by nearly a quarter...

Portugal wants new life for Massangano, the former capital of the colonial regime

Portugal wants new life for Massangano, the former capital of the colonial regime

During a visit to the historic ruins of Cambambe and the village of Massangano, the Portuguese diplomat "advocated for the valorization of heritage and suggested that the historical-cultural complex be proposed to UNESCO as a World Heritage Site."...

The success story of Portugal's AgriAngus program is one backed by science

The success story of Portugal's AgriAngus program is one backed by science

"The meat's intrinsic quality speaks for itself, and even for bulls that aren't retained for breeding, there's excellent market value as beef. The cows are highly fertile, easy to handle, and naturally polled, which makes management simpler.

Reports: Alberto Costa close to finalizing €20 million move back to Portugal

Reports: Alberto Costa close to finalizing €20 million move back to Portugal

Alberto Costa, we hardly knew ye. At least that’s what it looks like — almost virtually out of nowhere, too. Thursday began with SportItalia’s Alfredo Pedulla reporting that Portuguese giants Sporting CP have submitted a bid worth €20 million for...

Sarawak cuisine book by UCSI wins ‘Best in the World’ at Gourmand Awards 2025 in Portugal

Sarawak cuisine book by UCSI wins ‘Best in the World’ at Gourmand Awards 2025 in Portugal

(From left) Muhammad Fikri, Wan, Mukvinder and Ivy pose for a photo call in during the Gourmand World Cookbook Awards 2025 in Portugal. KUCHING (July 11): Sarawak’s vibrant culinary heritage has received global acclaim with the publication of...

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