Foreign states hold over 15% of Portugal’s PSI
State-backed investors from Angola and China hold more than 15% of Portugal’s main stock index, highlighting the weight of public capital in Lisbon’s market.
TAP sale may recover only part of state bailout
Portugal’s government says TAP’s partial privatisation can start repaying €3.34 billion put into the airline, but the gap would remain large under current estimates.
Portugal M&A activity falls to €4.5bn by July
Deals involving Portuguese companies fell sharply in the first seven months of 2026, with M&A value down to €4.5 billion as real estate remained the busiest sector.
Mota-Engil separates mining services into new unit
Mota-Engil has created a standalone mining services company, a move that could pave the way for new investors in a business that generated €732 million last year.
Portugal tourism shifts from volume to higher spending
Portugal’s tourism industry is seeing slower growth in visitor numbers but higher revenue, as regions push premium hotels, events and outdoor travel to lift spending.
Portugal tourism shifts from boom to value focus
Portugal’s tourism sector is still growing, but at a slower pace, prompting industry leaders to shift the focus from visitor numbers to value created.
Special From cars to F-35s. Trump’s ‘great friend’ in Lisbon
“What a Christmas present!” John Arrigo recounts the origins of the friendship that led to his invitation to the embassy in Lisbon. Golf and cuisine are among the things he likes most about the countr
Portuguese state buys 13.7% stake in REN
Portugal has returned to REN’s shareholder base after Parpública agreed to buy a 13.7% stake, a move the prime minister says will help protect strategic infrastructure.
Opnova IA wins Black Hat global startup contest
Luso-American startup Opnova IA won Black Hat’s Global Startup Spotlight, a boost for its sales, hiring and investor outreach as it expands from its Porto tech hub.
Tekever seeks €500m in funding at €5.5bn valuation
Portuguese drone maker Tekever is seeking €500 million from investors, a move that could lift its valuation to €5.5 billion as it expands in Europe’s defence market.
Portugal tightens lobbying rules for minister contacts
From Friday, contacts between lobbyists and Portugal’s government must be recorded and, in some cases, disclosed, tightening transparency around attempts to influence policy.
Jacinto to invest €3 million in defence vehicle unit
Portugal’s Jacinto is creating a dedicated defence unit with a €3 million factory investment, targeting export markets as European military spending rises.
Norway wealth fund hits record exposure to Portugal
Norway’s sovereign wealth fund had a record 27.3 billion kroner invested in Portugal at end-June, underlining its weight in the country’s stock and bond markets.
Astrotourism gains ground in Portugal beyond eclipse
A solar eclipse is drawing visitors to Portugal, but tourism linked to dark skies is expanding year-round and bringing new business to inland regions.
EDP faces €1.4bn in tax disputes across several countries
EDP faces €1.4 billion in tax contingencies in countries including Portugal, Brazil and the US, highlighting potential financial and legal exposure for one of Portugal’s biggest companies.
BCP says investors would step in if Fosun exits
Portugal’s BCP says institutional investors could replace Fosun if the Chinese group sells its 20.5% stake, signalling confidence in demand for the bank’s shares.
Alstom and Talgo vie for CP high-speed train contract
France’s Alstom and Spain’s Talgo have bid to supply CP’s future 300 km/h trains, a contract worth up to €584 million and central to Portugal’s rail upgrade.
Sonae Sierra eyes Portugal mall deals after Spain buy
After a €1.5 billion shopping-centre deal in Spain, Sonae Sierra and Norway’s sovereign wealth fund are assessing selective new investments in Iberia, including Portugal.
US sanctions Portuguese firm over Iran helicopter case
A Portuguese company has been sanctioned by the US after being identified in an FBI investigation into alleged helicopter sales to Iran, raising compliance risks for cross-border business.
Solar eclipse to cut Portugal’s solar output by 45%
Portugal’s grid operator expects a sharp drop in solar generation during the August 12 eclipse, requiring extra hydro or thermal backup to keep the system balanced.
Pingo Doce gains on Continente. Lidl widens gap to Mercadona
Portugal’s top two grocers still control half the market, but Pingo Doce narrowed the gap to leader Continente while Lidl pulled further ahead of Mercadona.
Scooter operators oppose Lisbon ban referendum plan
Bolt, Lime and Byrd have challenged a proposal for a Lisbon referendum on shared e-scooters, arguing a ban would remove a regulated mobility service without fixing safety issues.
Portugal overtakes Spain in global footwear output
Portugal rose to 18th among global shoe producers in 2025, overtaking Spain and lifting its average export price by 2.5%, underlining its focus on higher-value segments.
Portugal estate agencies lift revenue despite fewer sales
Portugal’s biggest estate agency networks increased revenue in the first half even as home transactions fell, showing how rising prices and tight supply are reshaping the market.