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  • Portugal Real Estate News and Property Trends in Portugal

    The real estate market in Portugal continues to attract attention from investors and business professionals worldwide. This article explores the latest developments and property trends in Portugal, providing insights into the current market dynamics. It offers practical information for those interested in understanding the opportunities and challenges in the Portuguese property sector. Current Property Trends in Portugal Portugal's real estate market shows steady growth, driven by both domestic demand and foreign investment. Urban areas like Lisbon and Porto remain hotspots for residential and commercial properties. The demand for modern apartments and office spaces is increasing, reflecting the country's economic recovery and growing business activities. Key trends include: Rising property prices in major cities due to limited supply and high demand. Increased interest in sustainable and energy-efficient buildings as environmental regulations tighten. Growth in short-term rental properties, especially in tourist-frequented areas. Expansion of infrastructure projects that improve connectivity and accessibility. Investors should monitor these trends closely to identify promising opportunities. For example, properties near new transport hubs or business districts often appreciate faster. High angle view of modern apartment buildings in Lisbon city center Impact of Economic Factors on the Market Economic conditions significantly influence Portugal's real estate sector. The country's GDP growth, employment rates, and foreign direct investment levels affect property demand and prices. Recent government policies aimed at attracting foreign investors, such as tax incentives and residency programs, have boosted market activity. Interest rates and lending conditions also play a crucial role. Low mortgage rates encourage buyers, while stricter lending criteria can limit access to financing. Monitoring these economic indicators helps investors make informed decisions. Additionally, inflation and construction costs impact new developments. Rising material prices may slow down project completions, affecting supply and pricing. Are Americans Buying Property in Portugal? American investors show growing interest in Portugal's real estate market. Factors driving this trend include Portugal's stable political environment, favorable tax regimes, and quality of life. Many Americans seek second homes or retirement properties in coastal regions like the Algarve. However, buyers should consider legal and tax implications before purchasing. Consulting with local experts ensures compliance with Portuguese regulations and optimizes investment returns. Eye-level view of a luxury villa in Algarve coastal area Regional Differences in Property Markets Portugal's real estate market varies significantly by region. Lisbon and Porto dominate in terms of volume and price growth, driven by urbanization and business development. These cities offer diverse property types, from historic buildings to new constructions. The Algarve region remains popular for holiday homes and tourism-related investments. Its mild climate and scenic coastline attract international buyers, especially from Northern Europe and North America. Inland areas and smaller towns experience slower growth but may offer value opportunities. These regions benefit from government initiatives aimed at regional development and infrastructure improvements. Understanding regional differences helps investors align their strategies with local market conditions. Practical Tips for Investing in Portugal Real Estate Investing in Portugal's property market requires careful planning and due diligence. Here are some practical recommendations: Research the market thoroughly - Analyze price trends, rental yields, and demand in your target area. Engage local professionals - Work with real estate agents, lawyers, and tax advisors familiar with Portuguese laws. Consider long-term potential - Focus on locations with strong economic fundamentals and infrastructure projects. Evaluate financing options - Compare mortgage rates and terms from different lenders. Understand legal requirements - Ensure compliance with property registration, taxes, and residency rules. Following these steps reduces risks and enhances investment outcomes. For the latest updates on the Real Estate market in Portugal, consult reliable sources such as Portugal real estate news. Future Outlook for Portugal's Real Estate Market The outlook for Portugal's real estate market remains positive. Continued economic growth, increasing foreign investment, and government support contribute to a favorable environment. However, challenges such as rising construction costs and regulatory changes require attention. Sustainability will play a larger role, with more projects focusing on energy efficiency and environmental impact. Digital transformation in property transactions and management is also expected to improve market transparency and efficiency. Investors and business professionals should stay informed about Real Estate developments in Portugal as well as Real Estate News in Europe to capitalize on emerging opportunities. Wide angle view of a new residential development under construction in Porto

  • List of Tech Companies in Lisbon

    List of Tech Companies in Lisbon - Portugal Business News Tech News Europe - Here is the List of Tech Companies in Lisbon, according to the European Tech Map: List of Tech Companies in Lisbon in alphabetical order: 1 - AdPriva AdPriva provides AI-powered ad verification using zero-knowledge proofs and blockchain for privacy-first advertising without cookies or tracking. 2 - Aptoide Aptoide is an alternative Android app store and distribution platform that allows users to find, discover, and download various mobile applications and games. 3 - Caixa Mágica Software Caixa Mágica Software is a leading Portuguese software company specializing in Open Source solutions, Linux distributions, and custom software development. 4 - Diamwall Diamwall is an information distribution network with the aim of protecting services against any cyber attack. 5 - Fiscal Records Fiscal Records is a white-label SaaS focused on helping accountants and entrepreneurs with monthly closing procedures, invoice digitalization and expense organization. 6 - ImparLabs ImparLabs provides privacy-focused, self-hosted AI solutions designed to help European SMEs comply with the EU AI Act while reducing costs and energy consumption. 7 - OutSystems OutSystems is a high-performance low-code platform with AI-driven capabilities for developing, deploying, and managing enterprise-grade applications. 8 - POP Minds POP Minds is a cognitive development platform focused on improving learning and information processing through simplifying complex concepts using AI. 9 - Priberam Informática, Lda. Priberam Informática, Lda specializes in machine learning and natural language processing, offering products for digital media, legal research, and linguistic resources. 10 - ROOTKey ROOTKey is a cyber-resilience platform providing provable data integrity and audit-ready evidence to ensure operational continuity before, during, and after cyber incidents. 11 - SAPO (MEO - Serviços de Comunicações e Multimédia, S.A.) SAPO (MEO - Serviços de Comunicações e Multimédia, S.A.) is the largest Portuguese web portal and ISP, providing email, news, and search services, as well as a free file transfer service allowing users to send large files up to 3GB that remain available for download for 7 days. 12 - Sooma Sooma is a cloud-based email solution provider offering a reliable platform for companies that provide email as part of their business services. 13 - Tekever Tekever provides maritime surveillance and environmental monitoring services using advanced unmanned aerial systems (UAS) and satellite technology. 14 - The Sustainability Network (TSN) The Sustainability Network (TSN) is a smart, agile & connected ESG management platform, dedicated to advancing corporate sustainability, The goal is to centralize your ESG data and empower your team with a digital platform that combines technology with human impact. 15 - Waldyn Waldyn provides enterprise-grade AI solutions designed to identify business opportunities and improve operational efficiency. 16 - WebHS WebHS provides web hosting, domain registration, virtual and dedicated servers, and professional email services in Portugal.

  • TEKEVER will supply the British Army under £400 million Project CORVUS

    TEKEVER will supply the British Army under £400 million Project CORVUS - Portugal Business News Defence News Europe - Portuguese drones from TEKEVER will supply the British Army under £400 million Project CORVUS. TEKEVER will provide a fleet of spy drones to equip British soldiers, according to an announcement by the British Ministry of Defence dated July 25, 2026. Here are the specifications of the AR5 surveillance drones: British soldiers will be better protected and more lethal on the battlefield with the latest spy drone technology from Portuguese company TEKEVER. The initial order will be for six TEKEVER AR5 drones, with up to 24 delivered by 2029. What are the AR5 surveillance drones? The new TEKEVER AR5 surveillance drones chosen to keep British troops safe through round-the-clock intelligence gathering will be able to carry up to 50kg in surveillance equipment, such as cameras and sensors, and can fly for longer than previous systems the Army has used, giving commanders real-time intelligence to protect troops and inform battlefield decisions.    The AR5 has been selected to replace the ageing Watchkeeper drones, under a deal worth up to £400 million over the next 10 years. The drone will be built in Tekever’s soon to be open Swindon manufacturing facility in the UK. The new AR5 drones offer significantly improved endurance, sensor capability and reliability, ensuring that the Army maintains a battle-winning edge in surveillance and reconnaissance systems. The TEKEVER AR5 drone has been used by Ukraine’s Armed Forces on the battlefield, as they continue their fight against Russia’s unprovoked invasion: ¨Proven in Ukraine and designed to protect British soldiers globally, we’ve chosen the UK-based Tekever AR5 drone to supply our personnel with kit that will keep them ahead of emerging threats.¨ - UK Defence Secretary Wes Streeting

  • Wildfires in Spain lead to a National Emergency

    Wildfires in Spain lead to a National Emergency - Portugal Business News Environment News Europe - Here is the Copernicus image of wildfires in Spain that led to a National Emergency, taken on July 26th 2026, as well as where the wildfires are located and how Copernicus is helping to manage wildfires: Spain declared a national emergency on July 23, 2026, in response to the severity and simultaneity of large wildfires across the country. Where are the Wildfires in Spain located? The Wildfires in Spain are located on two fire fronts that are currently a national emergency: 1 - The first wildfire in Spain is located west of Madrid and was formed when several fires which began around Almorox, Villa del Prado, and San Martín de Valdeiglesias merged into a single large fire affecting more than 27,000 hectares. 2 - The second wildfire in Spain is located in the Province of Castellón, around la Vall d'Uixó, approximately 50 kilometers north of Valencia. What is the impact of wildfires in Spain? The severity of wildfires in Spain has led to a national emergency and to over 100,000 people being evacuated or instructed to remain indoors across the affected regions. Hundreds of firefighters, Military Emergency Unit (UME) personnel, fixed-wing aircraft, and helicopters were deployed to contain the fires. How does Copernicus help manage wildfires? This Copernicus Sentinel-3 image, acquired on 26 July 2026, shows dense grey smoke spreading across central and western Spain, while the inset Copernicus Sentinel-2 image captures an active fire front within the eastern Sierra Oeste perimeter, west of Madrid. The Copernicus Emergency Management Service (CEMS) Rapid Mapping component activates to support the monitoring and management of the fires.

  • What European countries have the lowest Government debt as a % of GDP?

    What European countries have the lowest Government debt as a % of GDP? - Portugal Business News News Economy Europe - Here are the Top 10 European countries with the lowest Government debt as a percentage of GDP in 2026 as well as the percentage of Government Debt to GDP in the EU, according to a report by Eurostat dated July 21, 2026: What is the percentage of Government Debt to GDP in the EU in 2026? The percentage of Government Debt to GDP in the EU in 2026 is 82.9% for Q1 2026. Top 10 European countries with the lowest Government debt as a percentage of GDP in 2026: 1 - Estonia Estonia ranks No. 1 European country with the lowest Government debt as a percentage of GDP with 25.2% for Q1 2026. 2 - Denmark Denmark ranks 2nd European country with the lowest Government debt as a percentage of GDP with 26.8% for Q1 2026. 3 - Bulgaria Bulgaria ranks 3rd European country with the lowest Government debt as a percentage of GDP with 28.5% for Q1 2026. 4 - Luxembourg Luxembourg ranks 4th European country with the lowest Government debt as a percentage of GDP with 29.2% for Q1 2026. 5 - Sweden Sweden ranks 5th European country with the lowest Government debt as a percentage of GDP with 34.9% for Q1 2026. 6 - Ireland Ireland ranks 6th European country with the lowest Government debt as a percentage of GDP with 37% for Q1 2026. 7 - Lithuania Lithuania ranks 7th European country with the lowest Government debt as a percentage of GDP with 42.3% for Q1 2026. 8 - Netherlands The Netherlands ranks 8th European country with the lowest Government debt as a percentage of GDP with 43.8% for Q1 2026. 9 - Czech Republic The Czech Republic ranks 9th European country with the lowest Government debt as a percentage of GDP with 44.1% for Q1 2026. 10 - Malta Malta ranks 10th European country with the lowest Government debt as a percentage of GDP with 45.9% for Q1 2026.

  • What European countries have the highest share of Renewable Energy?

    Top 10 European countries with the highest share of Renewable Energy - Portugal Business News Renewable Energy News Europe - Here are the Top 10 European countries with the highest share of Renewable Energy in 2025 as well as the share of Renewable Energy in the EU, according to data by Eurostat published on July 13th, 2026: What is the share of Renewable Energy in the EU? The average share of renewable energy in the EU is 26.2% of energy consumed in 2025. The share of renewable energy consumed for electricity in the EU is 49.9% of all electricity consumed in 2025. The share of renewable energy used for heating and cooling in the EU is 27.3% of all electricity consumed in 2025. Here are the Top 10 European countries with the highest share of Renewable Energy: 1 - Norway Norway ranks No. 1 country in Europe with the highest share of renewable energy with 82.4% of energy consumed in 2025. 2 - Sweden Sweden ranks 2nd country in Europe with the highest share of renewable energy with 65.4% of energy consumed in 2025. 3 - Finland Finland ranks 3rd country in Europe with the highest share of renewable energy with 53% of energy consumed in 2025. 4 - Denmark Denmark ranks 4th country in Europe with the highest share of renewable energy with 48.2% of energy consumed in 2025. 5 - Latvia Latvia ranks 5th country in Europe with the highest share of renewable energy with 46.3% of energy consumed in 2025. 6 - Austria Austria ranks 6th country in Europe with the highest share of renewable energy with 44.2% of energy consumed in 2025. 7 - Montenegro Montenegro ranks 7th country in Europe with the highest share of renewable energy with 39.8% of energy consumed in 2025. 8 - Lithuania Lithuania ranks 8th country in Europe with the highest share of renewable energy with 38.5% of energy consumed in 2025. 9 - Portugal Portugal ranks 9th country in Europe with the highest share of renewable energy with 36.7% of energy consumed in 2025. 10 - Croatia Croatia ranks 10th country in Europe with the highest share of renewable energy with 28.5% of energy consumed in 2025.

  • Top 10 European countries with the highest increases in flight prices

    Top 10 European countries with the highest increases in flight prices - Portugal Business News Travel & Tourism News Europe - Here are the Top 10 European countries with the highest increases in flight prices in 2026 as well as the average annual increase in air fares in the EU, according to data published by Eurostat on July 23, 2026: What is the annual increase in flight prices in the EU in 2026? The average annual increase in flight prices in the EU in June 2026 is 3.1%. However, here are the countries in Europe with the highest increases in flight prices, with between 13 to 64% annual increases in air fares: Top 10 European countries with the highest increases in flight prices in 2026: 1 - Kosovo Kosovo ranks No. 1 European country with the highest increase in flight prices, with an annual price increase of 64.4% in June 2026. 2 - Georgia Georgia ranks 2nd European country with the highest increase in flight prices, with an annual price increase of 32.4% in June 2026. 3 - Belgium Belgium ranks 3rd European country with the highest increase in flight prices, with an annual price increase of 28.7% in June 2026. 4 - Iceland Iceland ranks 4th European country with the highest increase in flight prices, with an annual price increase of 27.3% in June 2026. 5 - Türkiye Türkiye ranks 5th European country with the highest increase in flight prices, with an annual price increase of 24.5% in June 2026. 6 - Austria Austria ranks 6th European country with the highest increase in flight prices, with an annual price increase of 22.3% in June 2026. 7 - Albania Albania ranks 7th European country with the highest increase in flight prices, with an annual price increase of 18.3% in June 2026. 8 - Greece Greece ranks 8th European country with the highest increase in flight prices, with an annual price increase of 15.1% in June 2026. 9 - Portugal Portugal ranks 9th European country with the highest increase in flight prices, with an annual price increase of 14% in June 2026. 10 - Denmark Denmark ranks 10th European country with the highest increase in flight prices, with an annual price increase of 13.1% in June 2026.

  • Cheapest Countries to buy the Samsung Galaxy Z Fold 8 Ultra in Europe

    Cheapest Countries to buy the Samsung Galaxy Z Fold 8 Ultra in Europe - Portugal Business News Tech News Europe - Here are the Cheapest Countries to buy the Samsung Galaxy Z Fold 8 Ultra and the Galaxy Z Fold 8 in Europe, as well as the specifications of both models to compare: Here are the specs for the new Galaxy Z Fold8: The new Galaxy Z Fold8 is a foldable phone that weighs 201 grams, with a 7.6-inch main widescreen display and a 4800 mAh battery – this means a battery life of up to 26 hours of long video playback. The dual 50MP camera has ultra-wide-angle pictures with powerful graphics. The Galaxy Z Fold8 is available in the following colors: Lavender, Gray, and Cream, while the Pistachio color is only available on the Samsung.com website. Here are the specs for the new Galaxy Z Fold8 Ultra: The new Galaxy Z Fold8 Ultra is a foldable phone that weighs 215 grams, with an 8-inch main widescreen display and a 5000 mAh battery - this means a battery life of up to 27 hours of long video playback. The dual 50MP camera has ultra-wide-angle pictures with powerful graphics and an additional 10MP telephoto sensor with a 3x optical zoom. The Galaxy Z Fold8 Ultra is available in the following colors: Violet, Gray, and Cream, while the Emerald Green color is only available on the Samsung.com website. What are the Cheapest Countries to buy the Samsung Galaxy Z Fold 8 Ultra and the Galaxy Z Fold 8 in Europe? Here is the ranking of the cheapest countries to buy the Samsung Galaxy Z Fold 8 Ultra and the Galaxy Z Fold 8 in Europe: 1 - Switzerland Switzerland ranks No. 1 cheapest country to buy the Samsung Galaxy Z Fold 8 Ultra and the Galaxy Z Fold 8 in Europe. The price of the Samsung Galaxy Z Fold 8 in Switzerland is 1,939.05 euros (1,804 CHF) to pre-order the 512 GB foldable phone The price of the Samsung Galaxy Z Fold 8 Ultra in Switzerland is 2,121.78 euros (1974.00 CHF) to pre-order the 512 GB foldable phone. 2 - Romania Romania ranks 2nd cheapest country to buy the Samsung Galaxy Z Fold 8 Ultra and the Galaxy Z Fold 8 in Europe. The price of the Samsung Galaxy Z Fold 8 in Romania is 2,111.92 euros (11,024.00 lei) to pre-order the 512 GB foldable phone The price of the Samsung Galaxy Z Fold 8 Ultra in Romania is 2,313.07 euros (12,074.00 lei) to pre-order the 512 GB foldable phone. 3 - Portugal Portugal ranks 3rd cheapest country to buy the Samsung Galaxy Z Fold 8 Ultra and the Galaxy Z Fold 8 in Europe. The price of the Samsung Galaxy Z Fold 8 in Portugal is 2,169.90 euros to pre-order the 512 GB foldable phone The price of the Samsung Galaxy Z Fold 8 Ultra in Portugal is 2,369.90 euros to pre-order 512 GB foldable phone. 4 - Germany, Spain and most Euro countries: Germany, Spain and most Euro countries rank 4th in the ranking of cheapest countries to buy the Samsung Galaxy Z Fold 8 Ultra and the Galaxy Z Fold 8 in Europe. The price of the Samsung Galaxy Z Fold 8 in Germany and Spain is 2,199 euros to pre-order the 512 GB foldable phone The price of the Samsung Galaxy Z Fold 8 Ultra in Germany and Spain is 2,399 euros to pre-order the 512 GB foldable phone.

  • Which are the Best Countries to Move to and Pay Less Tax?

    Which are the Best Countries to Move to and Pay Less Tax? - Portugal Business News Digital Nomad News – Here are the Top 10 Best Countries to move to and pay less tax while having a good quality of life, as well as the profile of the people expected to emigrate or to have a Digital Nomad lifestyle in the future: Who are the people expected to emigrate or have a Digital Nomad lifestyle in the future? Nearly half of the people living in France, Germany, Italy and the UK expect to live in a different country in the future, and the trend is showing that people and capital are becoming increasingly mobile. The people expected to emigrate or to have a Digital Nomad lifestyle in the future are seeking destinations with a better quality of life and a lower tax burden. The emigration trend will rise significantly in the future with Gen Alpha born between 2010 and 2024, that is characterized as the most technologically immersed generation and is expected to have a Digital Nomad lifestyle, spending periods of six months in remote locations to have a good work-life balance. Here are the Top 10 Best Countries to Move to and Pay Less Tax: 1 – Dubai - United Arab Emirates (UAE) Dubai in the United Arab Emirates (UAE) ranks No. 1 Best Country to move to and pay less tax as there is no Personal Income Tax to be paid. 2 – Italy Italy ranks 2nd Best Country to move to and pay less tax as there is a 15% flat tax regime for qualifying foreign residents, regardless of how much they earn overseas, while offering a good quality of life. 3 – Monaco Monaco ranks 3rd Best Country to move to and pay less tax less tax as there is no Personal Income Tax to be paid. 4 – Switzerland Switzerland ranks 4th Best Country to move to and pay less tax as it ranks No. 1 European country with the lowest taxes on wages for residents, including Income Tax & Social Security contributions as a percentage of gross wage earnings. Switzerland has a total tax wedge of 23% of average wage earnings for residents, that amounts to USD 113,350 for a single person, according to the OECD. 5 – Spain Spain ranks 5th Best Country to move to and pay less tax as most foreign-source income is tax exempt for qualifying foreign residents, such as foreign dividends, interest, or capital gains. Spain also has a Wealth Tax Exemption on foreign assets during the first 6 years for foreign residents. Qualifying foreign residents in Spain are people who relocate due to an employment contract, or who engage in an entrepreneurial or innovative business activity, or who work remotely as a Digital Nomad. Foreign residents in Spain are taxed with a flat 24% income tax rate under non-resident rules for Spanish employment income of up to 600,000 euros per year. 6 – Austria Austria ranks 6th Best Country to move to and pay less tax for Digital Nomads as non-residents without a domicile or habitual residence in Austria are taxed only on income generated within the country if they do not spend more than six months in the country. Scientists, researchers, and artists who emigrate to Austria for work have a Special Expat Tax Incentive that is a 30% flat-rate deduction on Austrian employment income for up to five years. They are, however, liable on worldwide income. 7 – New Zealand New Zealand ranks 7th Best Country to move to and pay less tax as its tax regime for qualifying foreign residents has a four-year tax exemption on most foreign-sourced income. Exempt Foreign Income in New Zealand includes foreign interest and dividends, Foreign Investment Fund (FIF) and Controlled Foreign Company (CFC) income, overseas rental income and offshore business income (excluding personal services), income from foreign trust funds and superannuation withdrawals. New Zealand has the following Personal Income Tax brackets: · $0 to $15,600: 10.5% · $15,601 to $53,500: 17.5% · $53,501 to $78,100: 30% · $78,101 to $180,000: 33% · Over $180,000: 39% 8 – Canada Canada ranks 8th Best Country to move to and pay less tax for Digital Nomads as people who spend less than six months in Canada are taxed only on income earned inside Canada under the Non-Resident Tax Regime. Canada has the following Personal Income Tax brackets in 2026: 14% on the first $58,523 of taxable income 20.5% on income over $58,523 up to $117,045 26% on income over $117,045 up to $181,440 29% on income over $181,440 up to $258,482 33% on income over $258,482 9 – Iceland Iceland ranks 9th Best Country to move to and pay less tax for Digital Nomads as staying less than 6 months means you only pay tax on Iceland source income. Iceland also ranks 2nd European country with the lowest taxes on wages for residents, including Income Tax & Social Security contributions as a percentage of gross wage earnings. Iceland has a total tax wedge of 31.5% of average wage earnings for residents, that amounts to USD 88,869 for a single person, according to the OECD. 10 - Australia Australia ranks 10th Best Country to move to and pay less tax for Digital Nomads as people on temporary work visas are generally exempt from Australian tax on most foreign passive income. However, foreign employment income earned while working in Australia may still be taxed. Foreign residents in Australia pay 32.5% tax with no tax-free threshold, while foreign-sourced passive income is not subject to taxation. Here is the link to the ranking of European countries with the lowest taxes on wages.

  • The Azores Space Tech Hub will launch the Space Rider in 2028

    The Azores Space Tech Hub will launch the Space Rider in 2028 - Portugal Business News Space News Europe - The Azores Space Tech Hub will launch the Space Rider in 2028, while Space companies including Space Forge, Orbital Paradigm, the Atlantic Spaceport Consortium (ASC), Space Forest, Stellar Kinetics, ATMOS Space Cargo and US companies plan to establish operations in Portugal´s new Space Hub. Portugal´s new Space industry is a geo-strategic location with the Santa Maria Space Hub in the Azores set to become a critical infrastructure for the European Defence industry. Here are the descriptions of the Santa Maria Space Hub and of the Space Rider: What is the Santa Maria Space Hub (Centro Tecnológico Espacial de Santa Maria) in the Azores? The Santa Maria Space Hub (Centro Tecnológico Espacial de Santa Maria) in the Azores will begin construction in 2027 with an investment of 15 million euros from the Portuguese Space Agency, that includes 3 million euros from the Government of the Azores, and will be completed in 2028 in time for the Space Rider inaugural flight. The Azores Space Hub will receive Space vehicles that will be launched from Guyana, Europe, and other locations, and is set to receive unmanned Space vehicles for landing and to launch satellites. The Santa Maria Space Hub is also expected to serve as an entry point for materials produced in Space, which would then be shipped to other parts of Europe and of the world, becoming the center of a new global supply chain for advanced materials. US companies intend to use the Santa Maria Space Hub in the Azores as a Space Airport for Space missions returning to Earth via the Portuguese Azores islands, in view of the geostrategic importance of the Atlantic islands. Portugal committed an investment of 204.8 million euros to the European Space Agency (ESA) in November 2025, that is the country´s largest Space investment to date ever. The ESA has a budget of 22.1 billion euros for Space missions during the period ending in 2030. Portugal´s investment in the Space industry includes an allocation by Portugal´s Ministry of Defence that is focused on strengthening the Atlantic Constellation and in developing dual-use Space systems, capable of simultaneously meeting civilian and Defense needs. The Atlantic Constellation will be comprised of 11 Portuguese satellites and will involve the Portuguese Air Force as well as the Portuguese Space Agency. Space has become a strategic sector for European Defence since the war in Ukraine began in Space before Russian troops even set foot on Ukrainian soil. European Space technology will thus ensure that troops remain informed and connected to defend themselves and Europe as a whole. What is the Space Rider? The Space Rider will be Europe's first reusable Space transportation system that will operate without a crew and will be launched by the ESA, the European Space Agency. The inaugural Space Rider flight will be in 2028 and will be launched aboard a Vega-C launcher from the Guiana Spaceport and is set to return to the Santa Maria Space Hub in the Azores. At the end of its mission, Space Rider will return to Earth with its payloads and land on the runway of the Santa Maria Space Hub to be unloaded and refurbished for another flight. The unmanned vehicle will return to Earth by landing with an automated parachute system that allows for controlled descent. According to the ESA, this type of controlled landing has not yet been tested on an operational spacecraft, which is why multiple tests will be carried out before the inaugural flight. To test the final landing phase, the Space Rider model will be launched several times from a helicopter which will fly to an altitude of 3 kilometers above the Salto di Quirra test site in Sardinia. The Space Rider return flight to the Azores is a project is led by Portugal and Italy and the test model was built by the Romanian National Institute for Aerospace Research (INCAS) before being sent to the Italian Center for Aerospace Research (CIRA). The Space Rider model includes the avionics system that will control the parachute during landing, using navigation, guidance, and control software to adjust the trajectory in real time. The Space Rider's thermal protection system, that is comprised of 21 plates made of ISiComp ceramic material developed by CIRA and Petroceramics, has already undergone testing under extreme conditions in a plasma wind tunnel. The first Space Rider flight will remain in Low Earth Orbit for around two months in order to conduct various types of experiments and operations. The Space Rider cargo bay will allow technology experiments and will benefit research in pharmaceutics, biomedicine, biology and physical science. Here is the link to the description of the Atlantic Spaceport Consortium.

  • Top 10 European countries that spend the most on Digital Advertising

    Top 10 European countries that spend the most on Digital Advertising - Portugal Business News Advertising News Europe - Here are the Top 10 European countries that spend the most on online Digital Advertising and the ranking of platforms with the largest share of online advertising, according to the IAB Europe's AdEx Benchmark Report: Here are the Top 10 European countries that spend the most on online Digital Advertising: 1 - United Kingdom The UK ranks No. 1 country in Europe that spends the most on online Digital Advertising with an Advertising market worth 46,933 million euros in 2025. 2 - Germany Germany ranks 2nd country in Europe that spends the most on online Digital Advertising with an Advertising market worth 21,583 million euros in 2025. 3 - France France ranks 3rd country in Europe that spends the most on online Digital Advertising with an Advertising market worth 12,701 million euros in 2025. 4 - Spain Spain ranks 4th country in Europe that spends the most on online Digital Advertising with an Advertising market worth 6,703 million euros in 2025. 5 - Italy Italy ranks 5th country in Europe that spends the most on online Digital Advertising with an Advertising market worth 6,031 million euros in 2025. 6 - Turkey - Türkiye Turkey - Türkiye ranks 6th country in Europe that spends the most on online Digital Advertising with an Advertising market worth 4,765 million euros in 2025. Türkiye is the No. 1 fastest growing Advertising market in Europe with a growth of 37% between 2024 and 2025. 7 - Netherlands The Netherlands ranks 7th country in Europe that spends the most on online Digital Advertising with an Advertising market worth 4,761 million euros in 2025. 8 - Switzerland Switzerland ranks 8th country in Europe that spends the most on online Digital Advertising with an Advertising market worth 4,271 million euros in 2025. 9 - Sweden Sweden ranks 9th country in Europe that spends the most on online Digital Advertising with an Advertising market worth 3,772 million euros in 2025. 10 - Austria Austria ranks 10th country in Europe that spends the most on online Digital Advertising with an Advertising market worth 3,198 million euros in 2025. Here is the ranking of platforms with the largest share of online advertising in Europe: 1 - Search platforms Search platforms rank No. 1 in the ranking of platforms with the largest share of online advertising in Europe, with a share of 35.2% in 2025. 2 - Social Media platforms Social Media platforms rank 2nd in the ranking of platforms with the largest share of online advertising in Europe, with a share of 27.1% in 2025. 3 - Display Advertising including Video and Audio formats Display Advertising, including Video and Audio formats, ranks 3rd in the ranking of platforms with the largest share of online advertising in Europe, with a share of 21.9% in 2025. 4 - Retail Media platforms Retail Media platforms rank 4th in the ranking of platforms with the largest share of online advertising in Europe, with a share of 10.2% in 2025. 5 - Classifieds and Directories Classifieds and Directories rank 5th in the ranking of platforms with the largest share of online advertising in Europe, with a share of 5.6% in 2025.

  • Wages in Portugal have grown above inflation

    Wages in Portugal have grown above inflation - Portugal Business News News Wages Europe - Wages in Portugal have grown above inflation with wages growing by 4.8% in nominal terms, while inflation stood at 2.2% in 2025, according to the “Report on Employment and Training – 2025” launched on July 21st, 2026. Here is Portugal´s total Wage Bill, the percentage of its active population, its employment and unemployment rates, as well as the size of enterprises employing the highest percentage of Portugal´s active population: What is Portugal´s total Wage Bill? Wages in Portugal regained purchasing power by growing above the average consumer price increase, with Portugal´s total wage bill, including social security contributions paid by employers, amounting to 48.1% of Gross Domestic Product (GDP), a figure that is already in line with the European Union benchmark. What is Portugal´s working age or active population? Portugal´s working age or active population increased by 2.7%, reaching 5,612 million people. The activity rate of Portugal´s population aged 16 and over rose by 0.8 percentage points to 61%. What is Portugal´s employment rate? Portugal´s employment rate increased by 0.9 percentage points, reaching 57.3%. The number of employed people in Portugal grew by 3.2%, to reach 5,275 million. What is the employment rate of people above 55 years old in Portugal? The employment rate of people between 55 and 64 years old in Portugal grew by 3.3%, a trend that suggests a prolongation of working life. The employment rate for people aged 55 to 64 also rose by 1.9 percentage points, to 69.5%. The employment rate of people of people aged 65 or older in Portugal increased by 6.4%. What is the unemployment rate in Portugal? The unemployment rate in Portugal fell by by 6%, the same as the European Union average. The unemployed population decreased by 4%, to reach around 337,000 people. Despite the overall improvement in Portugal´s unemployment rate, youth unemployment remains high. Among people aged 16 to 24, the unemployment rate stood at 19.5%, although it decreased by 2.1 percentage points in 2025 compared to 2024. The early school leaving rate in Portugal was 6.1%, below the 9.1% average recorded in the European Union. The percentage of young people aged 15 to 29 who are neither working, studying, nor attending a training institution also remained below the European average, representing around 8% of the young population in Portugal, which is lower than the EU average that is 11%. What is the size of enterprises employing the highest percentage of Portugal´s active population? The size of enterprises employing the highest percentage of Portugal´s active population is Micro-enterprises that represent 81.3% of employees. 81.3% of companies in Portugal had up to nine employees in 2024. Companies with 10 to 49 employees represented 15.5% of the total active population in Portugal. Only 3.3% of companies in Portugal had 50 or more employees. Here is the link to the Minimum Wage in Portugal in 2026 and 2027.

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