CTT invests in Braga-based technology company Agentifai

ECO News,

The company led by João Bento participated in the financing round of Agentifai, which specialises in customer support technology, through the group's innovation fund.


Special The AI expert who flew Portuguese drones to unicorn status

Joana Gomes,

From Técnico to the skies of Ukraine, Ricardo Mendes piloted Tekever to a value of over a billion. The scientist/AI manager says, however, that the journey is still in its early stages.


TAP makes profit of €37.5M in Q2 but loss of €70.7M in H1

Lusa,

The first half losses compare with a profit of €400,000 in the same period in 2024, while the Q2 profit shows an improvement on the negative €108.2 million in the first three months of the year.


Fire management spending 25% below forecast – report

Lusa,

In the 2020-2024 period, expenditure totalled €2.427 billion, 25% lower (-€808 million) than forecast (€3.235 billion) in the planning instruments.


15 countries are behind Portugal in complying with the RRP

ECO News,

So far, Portugal has achieved 40% of the targets it set itself under the PRR, which is in line with the European average. 15 countries have achieved a lower percentage of their targets.


Foreign direct investment falls by €400 million until June

ECO News,

Figures released on Tuesday by the Bank of Portugal reveal that the contraction compares with the positive result of €3.5 billion recorded in the same period last year.


Bank valuations of housing rose by 18.7% in July

ECO News,

In July, the median bank valuation for housing reached a new high, totalling €1,945 per square metre, a record year-on-year increase in over a decade.


Government misses deadline to appoint AI regulator

ECO News,

EU countries had until 2 August to appoint a regulator for AI, but neither the Govt. nor the European Commission has revealed who the chosen entity is in Portugal, or whether one has even been chosen.


44,000 students placed in higher education

ECO News,

The first phase of the national contest for access to higher education is complete: around 44,000 students were placed, 12.1% less than a year ago. Vacancies to be filled more than double.


Nova SBE and FEP have top marks in Economics and Management

ECO News,

Nova SBE opened 195 spots for its Economics degree programme and filled them all. The lowest score accepted was 17.46. In Management, FEP won with a score of 17.8.


Government approves grant of 100% for houses up to €250,000

Lusa,

This is one of several measures included in a new "legislative instrument" approved today by the PSD/CDS-PP government and which will "act as a framework law" for similar emergencies.


PM sees need to rethink civil protection system

Lusa,

Montenegro recognised that an assessment should be made of the current system, "how it can or cannot generate better coordination, better operational capacity, how it can prevent more events (...)”.


Interview US company TransPerfect acquires Unbabel

ECO News,

In an interview with ECO, Unbabel co-founder and CEO Vasco Pedro reveals what motivated the deal with the American company after negotiating with "three or four potential buyers".


Winegrowers demand that the government fulfill its promises

Lusa,

"First of all, the government must materialise the measure of €13 million to support grape distillation”, said the National Confederation of Agriculture (CNA) on Wednesday.


New border police force starts work Thursday

Lusa,

The PSP's National Foreigners and Borders Unit (UNEF) will operate with around 2,000 people "in the medium term”.


The focused EU commissioner who waited 10 years for the job

ECO News,

Former Minister of Finance during the Troika, she was considered a candidate for Brussels in 2014. Now, between meetings and business trips, she is focused on delivering results.


TAP to exceed 100 aircraft again from next year

ECO News,

The airline's fleet is limited to 99 aircraft. The end of the Restructuring Plan allows TAP to increase the number of aircraft from 2026.


Bright Pixel enters Keychain’s $30 million round

ECO News,

This is a reinforcement of Bright Pixel's investment in US technology, which will finance the launch of a new operating system for packaging companies.


Spain scores an “olé” in the Portuguese economy

ECO News,

Spanish companies have dominant market shares in several sectors in Portugal. Cultural and bureaucratic barriers have hindered Portuguese entry into Spain.



Forfar buys Torres Vedras International School

ECO News,

Private school in western Portugal joins London-based group and appoints new director, Kate Sommerville, as part of this acquisition, its second in Portugal.


Train operator carries record of over 100M passengers in H1

Lusa,

CP highlighted that this is “an absolute record for the first half of a year”, detailing that the increase “is across the board for most services”, and “particularly notable” in the Regional service.


Union condemns expulsion of journalists from Guinea-Bissau

Lusa,

The Govt. of Guinea-Bissau has decided, without giving reasons, to expel Lusa, RTP and RDP from the country, suspend their broadcasts and order their representatives to leave the country by Tuesday.