Algarve tourism slows as overnight stays edge down

ECO News,

Portugal’s top tourism region saw overnight stays fall 0.2% in 2025, even as revenue rose, highlighting a shift toward value growth and exposure to seasonality.


ICEYE opens Lisbon hub as it expands in Portugal

ECO News,

Finnish satellite maker ICEYE has opened a Lisbon centre focused on software, systems integration and AI, deepening its expansion in Portugal’s growing space sector.


Govt requests suspending EU border system beyond September

Lusa,

“We would welcome the Commission providing, before 6 September 2026, concrete written assurances regarding this specific flexibility”, states Portugal, along with seven other countries, in a letter.


Portugal drew 29.9 million foreign tourists in 2025

ECO News,

Portugal’s tourism sector kept growing in 2025, but more slowly, with domestic demand outpacing foreign markets and reducing reliance on international visitors.


Number of new companies falls 4.1% in H1

Lusa,

When comparing first halves of the year, this is the lowest figure since 2023, Informa D&B said, following a new all-time high in business start-ups reached in 2025.


Portugal plans overhaul of business licensing rules

ECO News,

Portugal’s government plans a new code for business licensing, aiming to cut delays and uncertainty for companies through faster approvals and fewer prior inspections.



Tekever buys Portuguese AI startup Cloudsweep

ECO News, Lusa,

Tekever has acquired Portuguese startup Cloudsweep, deepening its AI push as the defence technology group expands software and autonomous systems capabilities.



Largest increase in defence spending in last decade in 2025

Lusa,

Analysing the annual trend in expenditure since 2015, it is clear that Portugal had never before increased its investment in this area so significantly in a single year.


Permira buys stake in Portugal’s Quadrante

ECO News,

Permira has acquired a stake in Portuguese engineering group Quadrante to back its international growth, with a particular focus on expanding in the US.


Another 360 officers bolster airport immigration service

Lusa,

367 officers will be deployed to the airports in Lisbon (170), Porto (78), Faro (69), Funchal (29), and the Azores (21), and will continue to carry out duties at these posts after the placement.


Portugal posts EU’s biggest house price rise in Q1

ECO News,

Portugal recorded the sharpest annual increase in house prices in the EU in the first quarter, underlining continued pressure in the country’s housing market.


Portugal’s space sector added €1.2bn to GDP in six years

ECO News,

Portugal’s space sector contributed €1.2 billion to GDP between 2019 and 2024, underlining the industry’s growing economic weight and policy relevance.


Portugal fights €500 million pandemic toll claims

ECO News,

Portugal will contest motorway operators’ pandemic compensation claims, a dispute worth about €500 million with implications for concession contracts and investor confidence.


Galp sees 100,000 jobs from Matosinhos redevelopment

ECO News,

Galp says its planned Innovation District on the former Matosinhos refinery site could add about €2 billion a year to Portugal’s economy over 30 years.


Mota-Engil nears win in US Muddy Waters case

ECO News,

A Texas judge has recommended dismissing Muddy Waters’ defamation case against Mota-Engil, a step that could end the dispute without trial.


Portugal battery auction seen trailing Spain for investors

ECO News,

Portugal’s planned battery auction is welcomed by the sector, but executives say its design may make it less attractive than Spain’s for energy storage investment.



Bondalti to delist Ercros and start restructuring

ECO News,

Portugal’s Bondalti is set to delist Spain’s Ercros and begin a restructuring backed by EY, as it moves to reverse mounting losses at the acquired chemicals group.


Portugal tourism revenue rises 5.8% in May

ECO News,

Portugal’s tourism revenue rose to €755.7 million in May, with domestic travellers driving growth and the Alentejo posting the strongest increase in overnight stays.


Portugal adds 6,000 new millionaires in 2025, UBS says

ECO News,

Portugal had 181,000 dollar millionaires in 2025, UBS data show, but median wealth fell, highlighting a widening gap between headline gains and household finances.