Top 10 Car Brands sold in Portugal in 2026 - Portugal Business News Automotive News Europe - Here are the Top 10 Car Brands sold in Portugal for the first six months of 2026 and the growth rate per car brand compared to the same period the previous year, according to Portugal´s automotive association ACAP: Top 10 Car Brands sold in Portugal in 2026: 1 - Peugeot Peugeot ranks No. 1 in the ranking of the Top 10 car brands sold in Portugal with 13,346 vehicles sold for the first six months of 2026 that represents a growth rate of 1.5% compared to the same period the previous year. 2 - Mercedes-Benz Mercedes-Benz ranks 2nd in the ranking of the Top 10 car brands sold in Portugal with 10,045 vehicles sold for the first six months of 2026 that represents a growth rate of 6.7% compared to the same period the previous year. 3 - Dacia Dacia ranks 3rd in the ranking of the Top 10 car brands sold in Portugal with 8,554 vehicles sold for the first six months of 2026 that represents a decline of -9.2% compared to the same period the previous year. 4 - BMW BMW ranks 4th in the ranking of the Top 10 car brands sold in Portugal with 8,178 vehicles sold for the first six months of 2026 that represents a growth rate of 9.9% compared to the same period the previous year. 5 - Volkswagen Volkswagen ranks 5th in the ranking of the Top 10 car brands sold in Portugal with 7,933 vehicles sold for the first six months of 2026 that represents a growth rate of 10.2% compared to the same period the previous year. 6 - Renault Renault ranks 6th in the ranking of the Top 10 car brands sold in Portugal with 7,820 vehicles sold for the first six months of 2026 that represents a decline of -15.9% compared to the same period the previous year. 7 - Citroën Citroën ranks 7th in the ranking of the Top 10 car brands sold in Portugal with 7,261 vehicles sold for the first six months of 2026 that represents a growth rate of 22% compared to the same period the previous year. 8 - Toyota Toyota ranks 8th in the ranking of the Top 10 car brands sold in Portugal with 6,990 vehicles sold for the first six months of 2026 that represents a growth rate of 6.7% compared to the same period the previous year. 9 - Tesla Tesla ranks 9th in the ranking of the Top 10 car brands sold in Portugal with 6,275 vehicles sold for the first six months of 2026 that represents a growth rate of 53.5% compared to the same period the previous year. 10 - Opel Opel ranks 10th in the ranking of the Top 10 car brands sold in Portugal with 5,276 vehicles sold for the first six months of 2026 that represents a growth rate of 21.1% compared to the same period the previous year.

Top 20 Luxury Retail Streets in Europe in 2026 by Country - Portugal Business News Real Estate News Europe - Here are the Top 20 Luxury Retail Streets in Europe in 2026 listed by Country, as well as the rental growth of prime rents on luxury retail streets in Europe, according to the European Luxury Retail Report 2026 by Cushman & Wakefield: What is the rental growth of prime rents on luxury retail streets in Europe in 2026? The rental growth of prime rents on luxury retail streets in Europe in January 2026 was on average 7% higher compared to 2018. This compares with the stagnation of prices for commercial real-estate on non-luxury retail high streets as prices are still 7% below 2018 prices and on luxury retail high streets as prices are still 4% below 2018 prices. This rental growth of prime rents shows that half the luxury retail streets across Europe reached record high rents in 2025; including luxury retail streets in Milan, Rome, Paris, Prague, Geneva, Madrid, and Lisbon. Bond Street in London is now the most expensive luxury retail street in the world, instead of Via Montenapoleone in Milan. Top 20 Luxury Retail Streets in Europe in 2026 by Country: 1 - Bond Street – London – UK 2 - Via Montenapoleone – Milan – Italy 3 – Sloane Street – London – UK 4 – Via Condotti – Rome - Italy 5 – Avenue Montaigne – Paris – France 6 – Avenue des Champs-Élysées – Paris – France 7 – Rue du Faubourg Saint-Honoré – Paris - France 8 – Rue Saint-Honoré – Paris – France 9 – Maximillianstrasse – Munich – Germany 10 – Königsallee – Düsseldorf – Germany 11 – Passeig de Gracia – Barcelona – Spain 12 – Calle de Serrano & Calle de Ortega y Gasset – Madrid – Spain 13 – Avenida da Liberdade – Lisbon – Portugal 14 – Boulevard de Waterloo – Brussels – Belgium 15 – PC Hooftstraat – Amsterdam – Netherlands 16 – Parizska – Prague – Czech Republic 17 – Bahnhofstrasse – Zurich – Switzerland 18 – Rue du Rhône – Geneva – Switzerland 19 – Bibliotekstan – Stockholm – Sweden 20 – Stroget – Copenhagen – Denmark

Top 10 countries in Europe with the highest increase in house prices in 2026 - Portugal Business News Real Estate News Europe - Here are the Top 10 countries in Europe with the highest increase in residential Real Estate selling prices in 2026, namely the House Price Index for Q1 2026 compared to Q4 2025, as well as the annual increase in house selling and rental prices in the EU, according to a report by Eurostat dated July 2, 2026: What is the annual increase in house selling and rental prices in the EU in 2026? The annual increase in house selling prices in the EU is 5.1% in Q1 2026 compared to Q1 2025. The annual increase in house rental prices in the EU is 3.0% in Q1 2026 compared to Q1 2025. Top 10 countries in Europe with the highest increase in house selling prices in 2026: 1 - Bulgaria Bulgaria ranks No. 1 country in Europe with the highest increase in house selling prices with an increase of 6.2% between Q1 2026 and Q4 2025. Bulgaria is the country in Europe with the 2nd highest annual increase in house selling prices with an increase of 14.8% between Q1 2026 and Q1 2025. Bulgaria is also the 2nd country in Europe with the highest increase in rental prices with 6.4%. 2 - Portugal Portugal ranks 2nd country in Europe with the highest increase in house selling prices with an increase of 3.8% between Q1 2026 and Q4 2025. Portugal is also the No. 1 country in Europe with the highest annual increase in house selling prices with an increase of 17.8% between Q1 2026 and Q1 2025. 3 - Norway Norway ranks 3rd country in Europe with the highest increase in house selling prices with an increase of 3.7% between Q1 2026 and Q4 2025. 4 - Slovakia Slovakia ranks 4th country in Europe with the highest increase in house selling prices with an increase of 3.6% between Q1 2026 and Q4 2025. Slovakia is also the 3rd country in Europe with the highest annual increase in house selling prices with an increase of 14.4% between Q1 2026 and Q1 2025. 5 - Spain Spain ranks 5th country in Europe with the highest increase in house selling prices with an increase of 3.5% between Q1 2026 and Q4 2025. 6 - Estonia Estonia ranks 6th country in Europe with the highest increase in house selling prices with an increase of 3.4% between Q1 2026 and Q4 2025. 7 - Croatia & Lithuania Croatia and Lithuania both rank 7th in the ranking of countries in Europe with the highest increase in house selling prices with an increase of 3.3% between Q1 2026 and Q4 2025. Croatia is also the No. 1 country in Europe with the highest increase in rental prices with 21.9%. 8 - Romania Romania ranks 8th country in Europe with the highest increase in house selling prices with an increase of 3.2% between Q1 2026 and Q4 2025. 9 - Slovenia Slovenia ranks 9th country in Europe with the highest increase in house selling prices with an increase of 2.9% between Q1 2026 and Q4 2025. 10 - Denmark Denmark ranks 10th country in Europe with the highest increase in house selling prices with an increase of 2.8% between Q1 2026 and Q4 2025.

Greenvolt & BYD partner will supply the largest Battery Energy Storage facility in Poland - Portugal Business News Renewable Energy News Europe - Greenvolt and BYD have partnered to supply the largest Battery Energy Storage facility in Poland and one of the largest in Europe: Greenvolt signed an agreement with BYD Energy Storage for one of Europe´s largest Battery Energy Storage System (BESS) projects. The Siedlce BESS project in Poland has a a planned capacity of 600 MW / 2.4 GWh and is scheduled for commercial operation by the end of 2027, supporting the country´s grid stability and the continued integration of renewable energy. The Siedlce Battery Energy Storage System project in Poland has already secured revenues through the Polish capacity market mechanism and is scheduled to start construction in Q3 2026. ¨The Siedlce project marks another important milestone in our cooperation with Greenvolt Power and highlights the growing role of battery storage in Europe’s energy transition. Being selected for a project of this scale reflects the confidence placed in BYD Energy Storage’s technology and expertise.¨ - Yin Xueqin, General Manager of BYD Energy Storage. Greenvolt Group is investing heavily in Poland with a diversified pipeline of 238 MW in wind energy, 657 MW in solar energy and 2,595 MW in Battery Energy Storage (BESS), representing a total capacity of around 12.8 GW. Greenvolt energy sales in Poland reached 1 GW in 2025.

Portuguese Capwatt obtains 56 million euros in Green Funding - Portugal Business News Renewable Energy News Europe - Portuguese Capwatt obtains 56 million euros in Green Funding from financial consortium ING Bank NV – Milan Branch and UniCredit Spa in order to produce Biomethane in Italy: Portuguese renewable energy company Capwatt, that belongs to Prismore Capital - the Azevedo family holding company, was formerly known as Sonae Capital Industrial. Capwatt provides integrated energy solutions by enhancing synergies between decentralized production, as well as the sale of energy while contributing to a sustainable energy model. “Renewable biomethane is one of the most concrete answers to European energy dependence, transforming agricultural and livestock by-products not used in the food chain into energy. It is circular economy applied to an industrial scale.¨ - Miguel Gil Mata, CEO of Prismore Capital and Capwatt. What is the investment of Portuguese renewable energy company Capwatt in Italy? Portuguese renewable energy company Capwatt will invest in three biomethane plants with a combined production capacity of around 151 GWh per year in central and southern Italy. Biomethane projects in Italy will not only generate a positive impact on local communities but they will also help to avoid around 30,000 tons of CO2e per year. "Renewable biomethane production projects in Italy aim to valorize livestock effluents and agro-industrial by-products, producing not only high-quality biomethane, but also a natural fertilizer that can be used to replace chemical fertilizers" - Pierlorenzo Monterisi, Head of Biomethane Italy.

Portugal will receive heavy military equipment worth 5.8 billion euros - Portugal Business News Defence News Europe - Portugal will receive heavy military equipment worth 5.8 billion euros under the EU SAFE (Security Action for Europe) fund and is also revising its Military Programming Law. Here is date and the list of heavy military equipment to be received by Portugal, as well as Portugal´s Defence capabilities deployed under NATO, and Portugal´s share of GDP allocated to Defence: When will Portugal receive heavy military equipment under the EU SAFE (Security Action for Europe) fund? Portugal expects to receive heavy military equipment worth 5.8 billion euros from 2029 for the first phase that comprises a first tranche of over 800 million euros, according to Nuno Melo, Portugal´s Minister of Defense in a Parliamentary hearing dated July 1st, 2026. Portugal expects to receive heavy military equipment under the second tranche by 2030. What is the heavy military equipment to be received by Portugal under the SAFE fund? The list of heavy military equipment to be received by Portugal under the SAFE fund includes: 1 - Armored vehicles and other vehicles 2 - Artillery systems 3 - Frigates 4 - Anti-aircraft systems 5 - Satellites 6 - Drones 7 - Ammunition What military equipment will be produced by Portugal? “The satellites that will be sold to the Armed Forces, but will be sold worldwide, will be produced in Portugal; just as we will produce ammunition, we will produce armored vehicles, and we will also, I hope, achieve a very significant investment in the Alfeite Arsenal¨ - Portugal´s Minister of Defence, Nuno Melo. What is Portugal´s new Military Programming Law? Portugal is currently revising its Military Programming Law, in which the necessary budgetary amounts will be included. What are Portugal´s Defence capabilities deployed under NATO? Portugal´s Defence capabilities currently deployed under NATO include 2,241 military personnel, 5 ships, 12 aircraft, and 144 tactical vehicles deployed in 44 international missions. Portugal also just signed a maritime security pact for the North Atlantic under NATO. What is Portugal´s share of GDP allocated to Defence? Portugal´s share of GDP allocated to Defence is currently 2.1%. What is the EU SAFE (Security Action for Europe) fund? The EU SAFE (Security Action for Europe) fund, that was adopted by the EU Council on May 27th, 2025, will unlock over 800 billion euros in Defence spending across EU countries under the European Commission’s ReArm Europe Plan/Readiness 2030. The EU SAFE fund will provide up to 150 billion euros in competitively priced, long-maturity loans to Member States requesting financial assistance for investments in Defence capabilities. Procurement contracts under the EU SAFE (Security Action for Europe) fund must ensure that no more than 35% of component costs originate from outside the EU, EEA-EFTA, or Ukraine.

Top 10 countries with the highest density of Millionaires - Portugal Business News Millionaires News - Here are the Top 10 countries with the highest density of Millionaires in the world in USD as well as the countries that have a significant density of Millionaires globally, according to the UBS Global Wealth Report 2026: Top 10 countries with the highest density of Millionaires in the world in USD: 1 - Luxembourg Luxembourg ranks No. 1 country with the highest density of Millionaires in the world according to the UBS Global Wealth Report 2026. With more than one in six adults being a USD millionaire in Luxembourg, the density of USD millionaires as a percentage of the adult population is over 15%. 2 - Switzerland Switzerland ranks 2nd country with the highest density of Millionaires in the world according to the UBS Global Wealth Report 2026. With more than one in seven adults being a USD millionaire in Switzerland, the density of USD millionaires as a percentage of the adult population is between 10 to 15%. 3 - Hong Kong SAR Hong Kong ranks 3rd country with the highest density of Millionaires in the world according to the UBS Global Wealth Report 2026. With around one in ten adults being a USD millionaire in Hong Kong, the density of USD millionaires as a percentage of the adult population is nearly 10%. 4 - United States The United States ranks 4th country with the highest density of Millionaires in the world according to the UBS Global Wealth Report 2026. The density of USD millionaires as a percentage of the adult population in the United States is nearly 9%. 5 - Netherlands The Netherlands ranks 5th country with the highest density of Millionaires in the world according to the UBS Global Wealth Report 2026. The density of USD millionaires as a percentage of the adult population in the Netherlands is nearly 9%. 6 - Denmark Denmark ranks 6th country with the highest density of Millionaires in the world according to the UBS Global Wealth Report 2026. The density of USD millionaires as a percentage of the adult population in Denmark is between 5 to 10%, but much closer to the density of millionaires in the Netherlands. 7 - Norway Norway ranks 7th country with the highest density of Millionaires in the world according to the UBS Global Wealth Report 2026. The density of USD millionaires as a percentage of the adult population in Norway is between 5 to 10%, but much closer to the density of millionaires in the Netherlands. 8 - Australia Australia ranks 8th country with the highest density of Millionaires in the world according to the UBS Global Wealth Report 2026. The density of USD millionaires as a percentage of the adult population in Australia is between 5 to 10%, but much closer to the density of millionaires in the Netherlands. 9 - Sweden Sweden ranks 9th country with the highest density of Millionaires in the world according to the UBS Global Wealth Report 2026. The density of USD millionaires as a percentage of the adult population in Sweden is between 5 to 10%. 10 - Belgium Belgium ranks 10th country with the highest density of Millionaires in the world according to the UBS Global Wealth Report 2026. The density of USD millionaires as a percentage of the adult population in Sweden is between 5 to 10%. What are the countries that have a significant density of Millionaires in the world? Other that the Top 10 countries with the highest density of Millionaires in the world in USD, the other countries that have a significant density of Millionaires in the world are: Ireland France & the United Kingdom with the density of USD millionaires as a percentage of the adult population reaching 4.5% Taiwan Germany Israel South Korea Japan, Spain & Italy where the density of USD millionaires as a percentage of the adult population reaches between 2.5 and 2.8% UAE Cyprus Portugal

Portugal residents transferred 9.4 billion euros to tax havens - Portugal Business News Financial News Europe - Portugal residents transferred 9.4 billion euros to Tax Havens between 2022 and 2025, that is an increase of 16.4%. Here are the Top 10 Tax Havens to which residents of Portugal transfer their money and the main sources of funds sent from Portugal to Tax Havens, according to Portugal´s Tax Authority: Here are the Top 10 Tax Havens to which residents of Portugal transfer their money: 1 - Switzerland Switzerland ranks No. 1 Tax Haven to which residents of Portugal transfer their money according to Portugal´s Tax Authority. Switzerland received a third of the amount transferred from Portuguese bank accounts to tax havens, namely 33.6% of the total , that represents a total amount of 3,166 million euros between 2022 and 2025. 2 - Hong Kong Hong Kong ranks 2nd Tax Haven to which residents of Portugal transfer their money according to Portugal´s Tax Authority. Hong Kong received a large amount transferred from Portuguese bank accounts to tax havens, namely 22.2% of the total, that represents a total amount of 2,088 million euros between 2022 and 2025. 3 - United States - Territories considered to be tax havens Territories considered to be tax havens in the United States rank 3rd Tax Haven to which residents of Portugal transfer their money according to Portugal´s Tax Authority. Territories considered to be tax havens in the United States received a large amount transferred from Portuguese bank accounts to tax havens, namely a total amount of 879 million euros between 2022 and 2025. 4 - United Arab Emirates (UAE) The United Arab Emirates rank 4th Tax Haven to which residents of Portugal transfer their money according to Portugal´s Tax Authority. The UAE received a large amount transferred from Portuguese bank accounts to tax havens, namely a total amount of 767 million euros between 2022 and 2025. 5 - Singapore Singapore ranks 5th Tax Haven to which residents of Portugal transfer their money according to Portugal´s Tax Authority. Singapore received transfers from Portuguese bank accounts to tax havens, namely a total amount of 475.9 million euros between 2022 and 2025. 6 - Macau Macau ranks 6th Tax Haven to which residents of Portugal transfer their money according to Portugal´s Tax Authority. Macau received transfers from Portuguese bank accounts to tax havens, namely a total amount of 314.9 million euros between 2022 and 2025. 7 - Mauritius Mauritius ranks 7th Tax Haven to which residents of Portugal transfer their money according to Portugal´s Tax Authority. Mauritius received transfers from Portuguese bank accounts to tax havens, namely a total amount of 239.5 million euros between 2022 and 2025. 8 - Cape Verde Cape Verde ranks 8th Tax Haven to which residents of Portugal transfer their money according to Portugal´s Tax Authority. Cape Verde received transfers from Portuguese bank accounts to tax havens, namely a total amount of 157.0 million euros between 2022 and 2025. 9 - Liechtenstein Liechtenstein ranks 9th Tax Haven to which residents of Portugal transfer their money according to Portugal´s Tax Authority. Liechtenstein received transfers from Portuguese bank accounts to tax havens, namely a total amount of 141.9 million euros between 2022 and 2025. 10 - Egypt Egypt ranks 10th Tax Haven to which residents of Portugal transfer their money according to Portugal´s Tax Authority. Egypt received transfers from Portuguese bank accounts to tax havens, namely a total amount of 106.6 million euros between 2022 and 2025. What are the main sources of funds from Portugal that transfer money to Tax Havens? The main sources of funds from Portugal that transfer money to Tax Havens, namely from 18,244 originators, comprise 9,629 individuals and 8,615 companies and other legal entities. 87% of the amount transferred from Portuguese bank accounts to Tax Havens originates from commercial entities, representing a total of 8.209 billion euros. The amount transferred from Portuguese bank accounts to Tax Havens by individuals represents a total of 1.194 billion euros. The largest share of of the amount transferred from Portuguese bank accounts to Tax Havens in 2025 relates to treasury management transfers which include transfers made to balance accounts to centralize liquidity or optimize business funds, general fund movements where the originator and the final beneficiary are the same entity or person, and the transfer of money between different banks that does not represent the payment of a commercial invoice.

Portugal launches its Blue Hub Network - Portugal Business News News Blue Economy Europe - Portugal launched its Blue Hub Network at the EU forum ¨Blue Hub Portugal: Unlocking European Blue Innovation Partnerships¨ with an investment of over 78 million euros, on June 29. 2026. Here are the clusters as well as the companies and organisations that are part of Portugal´s Blue Hub Network: The launch of Portugal´s Blue Hub Network at the EU forum was hosted by the Permanent Representation of Portugal to the European Union (REPER), and brought together EU policy-makers, investors, companies and organisations from the Portuguese ecosystem to position Portugal as a European partner in accelerating ocean technologies. “Portugal is presenting Europe with a network ready to work with partners, companies and investors. We have the infrastructure, scientific expertise, startups, concrete challenges and pilot projects already underway” - Gonçalo Faria, from Blue Hub Portugal (Hub Azul Portugal) What is Portugal´s Blue Hub Network? Portugal´s Blue Hub Network (Rede Hub Azul) is an incubator for maritime companies that represents an investment of over 78 million euros under Portugal´s Recovery and Resilience Plan. Portugal´s Blue Hub Network comprises six innovation hubs across Portugal including the Port of Leixões in the Porto district, the Port of Aveiro in Central Portugal, the Port of Peniche in Central Portugal, the Port of Oeiras in the Lisbon district, the Port of Olhão in the Algarve and the Hub Azul School. Portugal´s Blue Hub Network also includes Fórum Oceano that is the managing body of Portugal's Blue Economy Cluster, under Portugal´s Ministry of Economy and the Sea. The aim of Portugal´s Blue Hub Network is to bridge the gap between science and the market and to connect companies, startups, research centres, ports, infrastructure, investors and international markets. “The Blue Hub Portugal Network is designed to function as a networked factory for every stage of the investment journey for a new product in the blue economy: from the moment an idea is conceived, through prototyping and testing, to securing funding – everything can be accessed by the entrepreneur within the same ecosystem: science, businesses, testing facilities and investors” - Ruben Eiras, Secretary-General of Fórum Oceano. What are the clusters under Portugal´s Blue Hub Network? Portugal´s Blue Hub Network comprises the following clusters: 1 - Aquaculture 2 - Blue biotechnology 3 - Blue renewable energy 4 - Blue technology and ocean observation 5 - Coastal and maritime tourism 6 - Environmental protection and regeneration 7 - Fisheries 8 - Shipbuilding and ship conversion 9 - Ports and maritime transport. What companies and organisations are part of Portugal´s Blue Hub Network? Portugal´s Blue Hub Acceleration programme brings together 18 startups, four innovation hubs and 13 business partners. The Venture Building programme currently involves 12 R&D teams, supporting researchers and scientific projects to facilitate their transition to the market. The companies and organisations that are part of Portugal´s Blue Hub Network include: 1 - The Portuguese Aquaculture Association 2 - A4F 3 - Aqualgae 4 - Blue Oasis 5 - ALGAplus 6 - B2E Blue Bioeconomy CoLAB 7 - Bitcliq 8 - Flatlantic 9 - Grupo O Valor do Tempo 10 - Thai Union 11 - Seaentia 12 - Senseaway 13 - SGS 14 - HyaPak 15 - PONTOS 16 - Numar Biotech 17 - Noka.ai 18 - Tēnaka 19 - 0rCA 20 - Finless Foods

Top countries with the highest increase of millionaires - Portugal Business News News Millionaires - Here are the Top countries with the highest percentage increase of millionaires in the world between 2021 and 2026, according to the Knight Frank Wealth Report: Top countries with the highest percentage increase of millionaires in the world in 2026: 1 - Poland Poland ranks No. 1 country with the highest increase of millionaires in the world, with a 109.2% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Poland has 3,017 Ultra Hight Net Worth Individuals worth over USD 30 million. 2 - Qatar Qatar ranks 2nd country with the highest increase of millionaires in the world, with a 106.9% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Qatar has 838 Ultra Hight Net Worth Individuals worth over USD 30 million. 3 - Türkiye Türkiye ranks 3rd country with the highest increase of millionaires in the world, with a 93.6% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Türkiye has 4,208 Ultra Hight Net Worth Individuals worth over USD 30 million. 4 - Romania Romania ranks 4th country with the highest increase of millionaires in the world, with a 93.0% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Romania has 749 Ultra Hight Net Worth Individuals worth over USD 30 million. 5 - Greece Greece ranks 5th country with the highest increase of millionaires in the world, with a 74% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Greece has 910 Ultra Hight Net Worth Individuals worth over USD 30 million. 6 - Israel Israel ranks 6th country with the highest increase of millionaires in the world, with a 71.4% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Israel has 5,462 Ultra Hight Net Worth Individuals worth over USD 30 million. 7 - Saudi Arabia Saudi Arabia ranks 7th country with the highest increase of millionaires in the world, with a 69% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Saudi Arabia has 4,388 Ultra Hight Net Worth Individuals worth over USD 30 million. 8 - Czech Republic Czech Republic ranks 8th country with the highest increase of millionaires in the world, with a 67.4% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Czech Republic has 2,270 Ultra Hight Net Worth Individuals worth over USD 30 million. 9 - India India ranks 9th country with the highest increase of millionaires in the world, with a 63.4% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, India has 19,877 Ultra Hight Net Worth Individuals worth over USD 30 million. 10 - Singapore & UAE Singapore & UAE both rank 10th in the ranking of the Top countries in the world with the highest increase of millionaires, with a 54.5% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Singapore has 7171 Ultra Hight Net Worth Individuals worth over USD 30 million and the UAE has 4,851 UHNWI. 11 - Portugal Portugal ranks 11th country with the highest increase of millionaires in the world, with a 49.6% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Portugal has 2,187 Ultra Hight Net Worth Individuals worth over USD 30 million. 12 - Spain Spain ranks 12th country with the highest increase of millionaires in the world, with a 41.8% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Spain has 9,186 Ultra Hight Net Worth Individuals worth over USD 30 million. 13 - Morocco Morocco ranks 13th country with the highest increase of millionaires in the world, with a 41.6% increase in Ultra Hight Net Worth Individuals (worth over USD 30 million) over the period between 2021 and 2026. In 2026, Morocco has 432 Ultra Hight Net Worth Individuals worth over USD 30 million.

LVMH launches its first yacht under luxury travel brand Orient Express - Portugal Business News Luxury Brands News Europe - LVMH launches its first yacht under luxury travel brand Orient Express. Here is how much the new Louis Vuitton yacht under the Orient Express luxury travel brand cost will cost: The Louis Vuitton brand has diversified its portfolio to include Luxury Travel Experience brand Orient Express, seizing on this high-growth luxury brands market segment. Louis Vuitton ranks No. 1 billionaire in Europe and his insights into the Luxury market are keeping him ahead of other global luxury brands. Luxury brand LVHM (Moet Hennessey Louis Vuitton) keeps innovating with its founder making headlines with his new USD 150 million floating mansion Symphony. Now LVMH is launching its first yacht Luxury Travel Experience under its luxury travel brand Orient Express, in a joint venture with French hotel group Accor. “When you are getting rich, very rich, money hasn’t got the same meaning. The only thing ​that has a meaning is recognition. Have you become someone?” - Sebastien Bazin, CEO of Accor group. LVMH Luxury brand Orient Express is estimated to be worth about 1 billion euros and the Luxury Travel Experience brand is set to become a key pillar of the Group´s growth as consumer ​trends are shifting significantly. The Orient Express ⁠first Super Yacht is banking on mega-events like the Cannes film festival and the Formula One race in Monaco as playing fields for high net worth individuals to show off their social status and is set to cruise around the French and Italian Riviera. How much will the new LVMH yacht under the Orient Express brand cost? The new LVMH yacht under the Orient Express brand will cost 25,000 euros for a four-day cruise. The new LVMH yacht features LVMH brands, including a Guerlain ​beauty salon and bottles of Hennessy cognac that will be prominently displayed in its priciest penthouse suites suites all around the deck. The new LVMH yacht under Luxury Travel brand Orient Express is the first of two that will ‌target the ultra-rich, adding to a portfolio of luxury hotels and a soon to launch historic art deco train. “When people are very rich ... they still have a bucket list of things they promised themselves to do before dying.¨ - Sebastien Bazin, CEO of Accor group.

What is the spending growth on Luxury Travel Experiences in 2026? - Portugal Business News Luxury Travel News - Here is the spending growth on Luxury Travel Experiences in 2026, including the sectors that perform best in the Luxury Travel Experiences and Luxury Goods markets, as well as the trends in the Luxury market sector as a whole, according to a study by Bain & Company in partnership with Italian luxury goods manufacturers' industry association Altagamma, dated June 25, 2026: What is the spending growth on Luxury Travel Experiences in 2026? Luxury Travel spending globally is expected to reach around 1,443 billion euros in 2026, as Luxury Travel Experiences continue to outpace Luxury Products spending that is stabilizing in 2026. The figures for Luxury Travel spending compare favourably to the Luxury Products market that is expected to grow by only 2% to 4% in 2026, to reach between 365 and 373 billion euros. The Luxury Products market reached 358 billion euros in 2025, that is a 2% decline at current rates but a 1% growth at constant exchange rates compared to 2024. What are the sectors that perform best in the Luxury Travel Experiences sector? The sectors that perform best in the Luxury Travel Experiences sector include: 1 - Luxury hospitality - inlcuding immersive experiences in longevity escapes and untamed sanctuaries and branded luxury resort popups under brands such as Louis Vuitton. 2 - Private jets 3 - Yachts and cruises - LVMH launched its first yacht luxury experience under its luxury travel brand Orient Express. 4 - Fine arts What are the sectors that perform best in the Luxury Goods sector? The sectors that perform best in the Luxury Products sector include: 1 - Jewelry is leading in the Luxury Products sector 2 - Luxury Apparel 3 - Luxury Eyewear 4 - Luxury Fragrances 5 - Luxury Watches are a niche market for connoisseurs 6 - Luxury Vintage Bags are driving online searches What are the trends in the Luxury market sector as a whole? Here are the main trends in the Luxury market sector: 1 - Luxury Travel Experiences are outperforming the Luxury Products market segement: High net worth individuals are now choosing to spend more on Luxury Experiences compared to spending on Luxury Products, redefining the very definition of Luxury. Experiential luxury is shifting towards emotion and purpose-led moments, with Immersive bookings across dining, leisure, and entertainment sectors growing by 30% compared to 2025, driven by bespoke, slow-travel formats rooted in local culture. A new Luxury Travel trend is emerging with travelers preferring new travel experiences instead of choosing traditional hotspots. The trend for new travel experiences has grown by 20% in 2026 compared to the previous year. Consumer sentiment towards experiences is outgrowing tangible goods by 1.5x during the first half of 2026, reflecting a structural and cultural shift from ownership to lived moments. 2 - Sports are emerging as a powerful new arena for luxury brand-building: Luxury brand-building is now driven by Sports sponsorships, with over 80% of the global Luxury Market by value now represented by brands that actively sponsor sports. 3 - AI is profoundly reshaping the luxury consumer journey online: Consumers increasingly discover, compare, and validate their purchases of luxury brands through AI that is rapidly redefining Luxury. Around half of luxury consumers already use AI in their buyer journey while nearly all plan to continue this pattern. About one in four luxury consumers use it for brand and product discovery, while two out of three of them leverage it for product comparisons. 4 - Customers are redefinig the very definition of Luxury: The meaning of Luxury for consumers is evolving from being about social validation towards an individual focus on self-actualization – this represents a shift from a desire to be admired towards the goal of self-fulfilment. This new trend means that Luxury will no longer be defined by what its consumers own but rather by how they live. “Consumers are not stepping back from luxury. They are stepping forward into a new relationship with it – one defined by meaning, not just by product. The brands that will win are those that can continuously reinvent their relevance and resonate with both consumers and AI-led ecosystems” - Bain & Company