International Business News - multilingual  

Portugal house prices increase by 13.1%, which is nearly twice the Eurozone average increase that is 6.8% in the third quarter of 2022.

Midnight has Arrived in the New Year of 2023… Midnight is Archer’s new 4-passenger electric Vertical Take-Off and Landing (eVTOL) aircraft.

Portugal’s Prime Minister proposed a new Start-up Law on December 22nd.

President Biden signed the US-Portugal legislation under the National Defense Authorization Act on December 23rd.

Portugal Registers 6.8% Economic Growth according to Portuguese Minister of Finance.

According to The Jerusalem Post, Portugal tops Israeli real-estate investments compared to those in other foreign countries.

The Economist just ranked Portugal as the 2nd best-performing economy in the OECD in 2022.

Energias de Portugal (EDP) just announced a sale amounting to U$ 68 million for their 50% stake in Hydro Global to Chinese CWE.

R&D spending in Portugal reached a historical high in 2021 with EUR 3,609 million, that is 1.68% of GDP.

Women Business Angels have had an impact on Portugal’s thriving Start-Up scene in 2022.

Amgen pharmaceuticals, that invested €100 million in Portugal in October, announced that it is buying Horizon Therapeutics for € 26.3 B.

According to a study by Venture Capital firm Atomico, investment in European Tech is expected to reach $85B in 2022.

Portuguese exports of goods reach EUR 65.385 million for the period January to October 2022, showing a 25.2% increase compared to 2021.

Lisbon Tech Start-ups are worth EUR 21.4 B in 2022 compared to EUR 816 M in 2016 according to a new report by Dealroom.

Real Estate investment in Portugal in 2022 registered an annual cumulative turnover that is 43% above the figures for 2021.

A study by Focus Economics describing the Commodities 2023 Outlook forecasts that commodity prices will fall slightly in 2023.

Bio-Hub Portugal, the national platform for development research on innovative biopharmaceuticals, is investing EUR 19.2 million.

Spain-Portugal Fund of EUR 484 M, of which EUR 365 M will be financed by the European Regional Development Fund (ERDF).