Which European Unicorns are less than 2 years old? - Portugal Business News Startup News Europe - Here are the Top European Unicorns that are less than 2 years old, according to data from Dealroom dated September 10, 2026: Globally, 24% of new unicorns in 2026 are two years old or younger; this compares to only 6% in 2019. Top European Unicorns that are less than 2 years old: 1 - Volta - Great Britain European startup Volta, founded in 2026, became a Unicorn in less than one year and is valued at USD 2.4 billion. 2 - Ineffable Intelligence - Great Britain European startup Ineffable Intelligence, founded in September 2025, became a Unicorn in less than one year and is valued at USD 5.1 billion. 3 -Wonderful - Netherlands European startup Wonderful , founded in January 2025, became a Unicorn in less than two years and is valued at USD 5 billion. 4 - Recursive Superintelligence - Great Britain European startup Recursive Superintelligence, founded in 2025, became a Unicorn in less than two years and is valued at USD 4.65 billion. 5 - AMI - France European startup AMI, founded in January 2025, became a Unicorn in less than two years and is valued at USD 4.5 billion. Click here for the link to Tech News Europe for the latest updates.

Portugal supports a single EU Inc. Regulation for startups - Portugal Business News Startup News Europe - Portugal supports a single EU Inc. Regulation for startups with its five founding principles that are gathering support at the EU Parliament under the theme ¨We need One Europe. One Standard. Not 27.¨ Here are the draft EU–INC proposal for EU startups, the reasons why EU countries should support the proposal and Portugal´s position on the new EU Startup Law: What is the EU–INC proposal for EU startups? The draft EU–INC proposal for EU startups is a Position Paper developed with input from leading legal experts across Europe, that sets out the five key aspects that must remain in the final text for boosting Startups in the EU. The draft proposal will be debated between the Council and the EU Parliament. The aim of the EU–INC proposal for EU startups is: One unified standard, recognized the same way in every Member State, keeping governance and IP rights in the EU. The draft legislation aims at getting the details right in order to become a genuine economic driver for Europe. Why should EU countries support the EU–INC proposal for EU startups? Since less than 18% of first-round European investments are pan-European due to legal system complexity, the EU–INC proposal for EU startups aims to standardize investment processes, unify the ecosystem, harmonize stock options, simplify cross-border employment, and position Europe as a leading innovation hub. This way EU startup founders will be able to compete globally from day one and they should be able to raise investment globally from day one. Here are the founding principles of the EU–INC proposal for EU startups: 1 - One central EU registry for all EU startups: The EU–INC proposal for EU startups provides a solution for the EU tech sector by stating that one central EU registry for EU startups is essential to create a real standard. A company should be able to incorporate in one Member State and use that standard to fundraise, operate, hire, and pay taxes in another country without reincorporating to scale every time. 2 - Free choice of registered office for all EU startups: The EU–INC proposal for EU startups states that a startup should be able to incorporate in one EU Member State and use that standard to fundraise, operate, hire, and pay taxes in another country without reincorporating to scale every time. 3 - Access for all EU startups: The EU–INC proposal for EU startups states it should provide access to all EU startups by removing size caps, revenue thresholds and sector restrictions. 4 - Standardized stock options for all EU startups: The EU–INC proposal for EU startups states that employee stock options should be taxed on sale, not on grant — with a safe-harbor valuation rule. 5 - Local labor law and taxes for all EU startups: The EU–INC proposal for EU startups states that labor and tax obligations should follow real activity, not the company's registered address. Employment law should follow the country where employees work, not where the company is registered. This means that, as an example, if a startup hires in Germany, German labor law should apply to these employees. What is Portugal´s position on a single EU Inc. Regulation for startups? Here is Portugal´s position on a single EU Inc. Regulation for startups: ¨A single European legal status for startups is worth having for three reasons: registration that works across borders, employee stock options that founders and their teams can use in every Member State, and an insolvency path that allows a company to fail and start again without years in court. Remove any one of them and the result is not a simplification. The Council's compromise text of 7 September leaves most important issues unresolved and the file reaches the Company Law Working Party this week. For Portugal, this is not a technical matter. Portuguese companies are European from the outset, because the domestic market is too small to be anything else. Each additional layer of national procedure adds cost and complexity, and it is founders who carry it. The EU–INC Initiative has published an open letter and a position paper setting out five non-negotiables. Startup Portugal has defended this position in the European forums where we participate, and we will continue to do so. We invite the Portuguese ecosystem to read the position paper, share it, and add its voice.¨ - Startup Portugal Click here for the link to Tech News Europe for the latest updates.

Which European-founded Unicorns relocated to the US? - Portugal Business News Startup News Europe - Here are the Top 20 European-founded Unicorns that relocated to the US, according to a report by Dealroom dated September 6, 2026: 42% of European-founded unicorns relocated to the US, namely 416 companies, including Stripe, Datadog and Hugging Face that sold for $13B to Nvidia in September 2026. Together they are worth $1.8T once each is credited to its European founders in proportion; the same founders have built $1.9T at home. Top 20 European-founded Unicorns that relocated to the US: 1 - Anthropic - from Great Britain to the US Anthropic is a European-founded Unicorn that relocated to the US and is valued at USD 965 billion. 2 - OpenAI - from Poland to the US OpenAI is a European-founded Unicorn that relocated to the US and is valued at USD 852 billion. 3 - xAI - from Germany to the US xAI is a European-founded Unicorn that relocated to the US and is valued at USD 250 billion. 4 - Arista Networks - from Germany to the US Arista Networks is a European-founded Unicorn that relocated to the US and is valued at USD 225 billion. 5 - Databricks - from Sweden to the US Databricks is a European-founded Unicorn that relocated to the US and is valued at USD 190 billion. 6 - Shopify - from Germany to the US Shopify is a European-founded Unicorn that relocated to the US and is valued at USD 178 billion. 7 - Stripe - from Ireland to the US Stripe is a European-founded Unicorn that relocated to the US and is valued at USD 159 billion. 8 - Snowflake - from France to the US Snowflake is a European-founded Unicorn that relocated to the US and is valued at USD 111 billion. 9 - CoreWeave - from Sweden to the US CoreWeave is a European-founded Unicorn that relocated to the US and is valued at USD 91 billion. 10 - Datadog - from France to the US Datadog is a European-founded Unicorn that relocated to the US and is valued at USD 77 billion. 11 - Anysphere / Cursor - from Sweden to the US Anysphere / Cursor is a European-founded Unicorn that relocated to the US and is valued at USD 50 billion. 12 - PayPal - from Ukraine to the US PayPal is a European-founded Unicorn that relocated to the US and is valued at USD 47 billion. 13 - Cerebras Systems - from Switzerland to the US Cerebras Systems is a European-founded Unicorn that relocated to the US and is valued at USD 37 billion. 14 - Safe Superintelligence - from France to the US Safe Superintelligence is a European-founded Unicorn that relocated to the US and is valued at USD 32 billion. 15 - Affirm - from Ukraine to the US Affirm is a European-founded Unicorn that relocated to the US and is valued at USD 31 billion. 16 - FanDuel - from Great Britain to the US FanDuel is a European-founded Unicorn that relocated to the US and is valued at USD 31 billion. 17 - Alnylam Pharmaceuticals - from Germany to the US Alnylam Pharmaceuticals is a European-founded Unicorn that relocated to the US and is valued at USD 31 billion. 18 - VeriSign - from Great Britain to the US VeriSign is a European-founded Unicorn that relocated to the US and is valued at USD 27 billion. 19 - Okta - from France to the US Okta is a European-founded Unicorn that relocated to the US and is valued at USD 27 billion. 20 - LinkedIn - 2 founders from Germany & France to the US LinkedIn is a partly European-founded Unicorn that relocated to the US and is valued at USD 26 billion. Click here for the link to Tech News Europe for the latest updates.

What are Prime Yields & Rental Prices in Portugal in 2026? - Portugal Business News Real Estate News Portugal - Here are the Prime Yields and Rental Prices in Portugal in 2026 for property investment in offices, retail, industrial & logistics, and residential sectors, according to a report by WORX Real Estate Consultants dated September 10, 2026: Prime Yields & Rental prices in Portugal for investment in offices, retail, industrial & logistics & residential sectors in 2026: 1 - Prime Yields for Rental of Commercial, Retail, Office & Industrial Real Estate in Portugal in 2026: Office properties in Portugal have a prime yield of 5.00%, Shopping centres in Portugal have a prime yield of 6.15%, High-street retail in Portugal have a prime yield of 4.25%, Retail parks in Portugal have a prime yield of 6.25%, Industrial and logistics in Portugal have a prime yield of 5.75%, Hotels in Portugal have a prime yield of 5.50%. Prime yields on commercial real estate in Portugal remain stable, except in retail-related segments, which, given their resilient performance in the first half of the year, saw yields fall by 15 to 25 basis points (bp). 2 - Prime Rents in Portugal for high-street retail, shopping centres & retail parks in Lisbon & Porto in 2026: Prime rents in Lisbon´s CBD are at €33.0/sq.m/month. Prime rents for high-street retail in Lisbon are at €145.0/sq.m/month; Prime rents for high-street retail in Porto are at €85.0/sq.m/month; Prime rents for shopping centres in Portugal are at €115.0/sq.m/month; Prime rents for retail parks in Portugal are at €13.5/sq.m/month, continuing the upward trend of recent years. 3 - Prime Rents in Portugal for Industrial and logistics Real Estate in 2026: Prime rents in the Castanheira-Azambuja prime corridor (zone 1) in Greater Lisbon are at €5.65/sq.m/month; Prime rents in the Sacavém-Alverca area (Zone 2) are at €6.15/sq.m/month; Prime rents in the city of Lisbon (Zone 3) are at €7.00/sq.m/month, Prime rents in Porto are at €5.90/sq.m/month. 4 - Prime Rents in Portugal for Residential Real Estate in Lisbon & Porto in 2026: Prime Rents in the Lisbon metropolitan area are at €17.5/sq.m, that is 6% higher than in the same period last year. Prime Rents in the municipality of Lisbon are €19.5/sq.m, that is 4% higher than in the same period last year. Prime Rents in Avenidas Novas and Marvila are €28.0 and €27.0/sq.m, respectively. Prime Rents in the Porto metropolitan area are at €14.5/sq.m, that is 7% higher than in the same period last year. Prime Rents in the municipalities of Porto and Matosinhos are between €15.5 and €16.0/sq.m. Prime Rents in the city of Porto are at €16.0/sq.m, representing a year-on-year increase of 4% in rent. Click here for the link to Real Estate News Europe for the latest updates.

Top 10 cheapest countries in Europe to buy foldable iPhone Duo - Portugal Business News iPhone News - Here are the Top 10 cheapest countries to buy a foldable iPhone Duo in Europe: The new foldable iPhone Duo is available on pre-order from October 16th with delivery from October 23rd, 2026. Top 10 cheapest countries to buy a foldable iPhone Duo in Europe: 1 - Switzerland Switzerland ranks No. 1 cheapest country to buy a foldable iPhone Duo in Europe at 1,999 CHF – 2,119 euros for the cheapest model with 256 Go. The price for the foldable iPhone Duo with 512 Go is 2,199 CHF – 2,331 euros in Switzerland. 2 - Luxembourg Luxembourg ranks 2nd cheapest country to buy a foldable iPhone Duo in Europe at 2,261.68 euros for the cheapest model with 256 Go. The price for the foldable iPhone Duo with 512 Go is 2,503.41 euros in Luxembourg. 3 - Czech Republic Czech Republic ranks 3rd cheapest country to buy a foldable iPhone Duo in Europe at 54 990 CZK - 2,269 euros for the cheapest model with 256 Go. The price for the foldable iPhone Duo with 512 Go is 60,990 CZK - 2,516.29 euros in the Czech Republic. 4 - Germany Germany ranks 4th cheapest countries to buy a foldable iPhone Duo in Europe at 2,299 euros for the cheapest model with 256 Go. The price for the foldable iPhone Duo with 512 Go is 2,569 euros in Germany. 5 - Poland Poland ranks 5th cheapest country to buy a foldable iPhone Duo in Europe at 9999 PLN - 2,312.6 euros for the cheapest model with 256 Go. The price for the foldable iPhone Duo with 512 Go is 10,999 PLN - 2,544 euros in Poland. 6 - Austria Austria ranks 6h cheapest country to buy a foldable iPhone Duo in Europe at 2,319 euros for the cheapest model with 256 Go. The price for the foldable iPhone Duo with 512 Go is 2,199 CHF – 2,331 euros in Austria. 7 - UK The UK ranks 7th cheapest country to buy a foldable iPhone Duo in Europe at £1,999 – 2,326 euros for the cheapest model with 256 Go. The price for the foldable iPhone Duo with 512 Go is £2,199 – 2,558.64 euros in the UK. 8 - Spain, Belgium, Netherlands & France Spain, Belgium, Netherlands & France all rank 8th cheapest countries to buy a foldable iPhone Duo in Europe at 2,339 euros for the cheapest model with 256 Go. The price for the foldable iPhone Duo with 512 Go is 2,589 euros in Spain, Belgium, Netherlands & France. 9 - Portugal Portugal ranks 9th cheapest country to buy a foldable iPhone Duo in Europe at 2,399 euros for the cheapest model with 256 Go. The price for the foldable iPhone Duo with 512 Go is 2,649 euros in Portugal. 10 - Hungary Hungary ranks 10th cheapest country to buy a foldable iPhone Duo in Europe at 899,990 Ft - 2,468 euros for the cheapest model with 256 Go. The price for the foldable iPhone Duo with 512 Go is 999,990 Ft - 2,742 euros in Hungary. Click here for the link to Tech News Europe for the latest updates.

What are the new EU Housing Rules in 2026? - Portugal Business News Real Estate News Europe - Here are the new EU Housing Rules, the EU Affordable Housing Act, published on September 9, 2026: The lack of affordable housing has become one of the most urgent concerns for Europeans. According to the latest Eurobarometer, over 50% of city dwellers consider housing as an immediate and urgent problem where they live. The EU Affordable Housing Act gives public authorities the legal certainty when they choose to act, based on local specificities, within EU law. With the new EU Affordable Housing Act, investors and property owners operating across several local markets will benefit from more clarity on the EU legal framework. Here are the new EU Housing Rules under the EU Affordable Housing Act: The EU Affordable Housing Act provides the first-ever common European framework for assessing housing-related measures affecting the single market, while Housing Policy choices remain national, regional and local. The new EU Housing Rules are designed to help competent authorities identify “areas under housing stress” using a common methodology: 1 - EU countries that choose to restrict the use of housing, for instance for short-term rentals or vacant dwellings, must show that this contributes to local housing pressures and ensure that any measures are targeted, necessary and proportionate. 2 - The new EU Housing Rules for short-term rentals state that any measure must be targeted at activities that reduce the housing stock available for long-term use, especially where their scale, frequency or commercial character aggravate housing pressure. 3 - The new EU Housing Rules for short-term rentals state that, before introducing restrictions, authorities must also demonstrate that short-term rental activity has had a significant adverse effect on housing affordability or availability for at least three years, and that less restrictive measures would not be equally effective. 4 - EU countries must apply and enforce the EU Short-Term Rental Regulation, including its registration requirements and the removal or disabling of listings that do not comply with them, and, where available, use the data collected under that Regulation to support their assessment. 5 - The new EU Affordable Housing Act includes rules for second homes or prolonged vacancy state, providing a clearer framework for action. The Act protects legal certainty and legitimate expectations: conditions linked to acquisition cannot apply retroactively, appropriate transitional arrangements must be provided, and measures addressing long-term vacancy should take into account justified periods of non-occupation. 6 - The new EU Affordable Housing Act supports EU countries in their efforts to increase housing supply in areas that need it most, including through faster planning and permitting of new construction renovation, repurposing buildings and facilitating investment. Authorities are also encouraged to concentrate such efforts to increase housing supply via Housing Acceleration Plans. 7 - The new EU Affordable Housing Act does not ban or restrict Short-Term Rentals. If authorities decide that action is needed to protect housing affordability and availability, they must show that the short-term rental activity is having a significant adverse effect on the local housing market. 8 - The new EU Affordable Housing Act encourages authorities to make full use of available EU and national funding and investment instruments to increase housing supply and the possibilities offered by EU State aid rules. ¨The Affordable Housing Act gives our Member States and cities the tools to make more affordable homes available, especially in the areas most impacted by the crisis. With this common European tool, we can truly bring a change in people’s lives.¨ - Dan Jørgensen, EU Commissioner for Energy and Housing. Click here for the link to EU Business News for the latest updates.

What is Cybersecurity conference GISEC Global in Dubai in 2026? - Portugal Business News Tech News World - Here is all about Cybersecurity conference GISEC Global held in Dubai on September 16-18, 2026, at the Dubai Exhibition Centre, Expo City: What is Cybersecurity conference GISEC Global in Dubai in 2026? Cybersecurity conference GISEC Global in Dubai in 2026 will focus on Preparing for the Post-Quantum Era, Protecting Critical Infrastructure, and How to Build Cyber Resilience Through Collaboration: 1 - Preparing for the Post-Quantum Era: The GISEC Global 2026 conference program introduces the Quantum Security Summit, hosted by the UAE Cyber Security Council and Technology Innovation Institute, alongside the Global Quantum Drill, which evolves the former Global Cyber Drill into what is planned to be the world's largest quantum readiness exercise. Sessions will explore post-quantum cryptography, quantum-safe migration strategies, hardware-based security, cryptographic discovery, sovereignty considerations, enterprise migration governance and the emerging certification landscape shaping secure digital communications. 2 - Protecting Critical Infrastructure: The GISEC Global 2026 conference program will showcase advanced cyber defence solutions for sectors including energy, utilities, transport, manufacturing and finance, alongside live demonstrations, threat simulations and OT-focused sessions designed to help operators strengthen resilience across complex environments. The GISEC Global 2026 exhibition will feature leading global technology companies and cybersecurity innovators showcasing the latest advances in AI-enabled defence, secure digital transformation, sovereign cloud security, autonomous security operations and national-scale threat intelligence. 3 - How to Build Cyber Resilience Through Collaboration: The GISEC Global 2026 conference program will provide an international platform where governments, industry and academia exchange knowledge, strengthen partnerships and develop practical solutions to protect critical infrastructure, accelerate secure digital transformation and build more resilient economies. The event also supports the ambitions of the Dubai Cyber Security Strategy, the Dubai Economic Agenda D33, the Digital Economy Strategy and We the UAE 2031. Click here for more details on the new digital order Cyber First launched at GISEC Global 2026 in Dubai. Get a Free Visitor Pass for GISEC GLOBAL Dubai in September 16-18, 2026 by clicking here.

Motorola acquires Portuguese AI startup DeepNeuronic - Portugal Business News Startup News Europe - Motorola Solutions acquires Portuguese AI startup DeepNeuronic: DeepNeuronic was built by two friends in Covilhã, Portugal, five years ago, with a shared conviction that standard video security cameras could deliver far greater value than simple recordings. They could help organisations understand what is happening and respond in real time. Today, that vision has evolved into an AI solution that helps transform existing video infrastructure across highways, airports, retail and industrial sites into real-time operational intelligence so organisations can improve safety, boost efficiency, drive revenue and make smarter decisions. The acquisition of DeepNeuronic by Motorola Solutions is a defining moment in the startup´s journey that was made possible by the team´s ambition and commitment, the trust of their customers and the support of the partners who have grown alongside the Portuguese AI startup. As part of Motorola Solutions, DeepNeuronic will bring their technology to more organisations and communities worldwide, supported by the global reach, infrastructure and engineering expertise of a leader in safety and security. The mission of Portuguese AI startup DeepNeuronic remains unchanged: to help organisations understand the physical world and act on what matters, when it matters and to whom it matters. Click here for the link to Tech News Europe for the latest updates.

Which Space Tech sectors have the highest growth in Venture Capital? - Portugal Business News Space Tech News - Here are the Space Tech sectors with the highest growth in Venture Capital, according to a report by PitchBook dated August 25, 2026: Space tech startups raised USD 11.3 billion across 244 VC deals in H1 2026, already surpassing the USD 10.1 billion invested during all of 2025. The milestone reflects larger investments rather more funding rounds. The median deal size more than doubled to $14.5 million, while VC investment growth and late-stage rounds captured 87.4% of total investment. The Space Tech sectors with the highest growth in Venture Capital include Commercial Launch, Satellites, Geospatial Intelligence, and Space Infrastructure, including major investment funding rounds received by the following Space comanies: ICEYE, Stoke Space, ispace, True Anomaly, and Impulse Space. Top Space Tech sectors with the highest growth in Venture Capital: 1 - Space debris & tracking sector: Startups in the Space debris & tracking sector rank No. 1 in the ranking of Space Tech sectors with the highest growth in Venture Capital, with a YoY Deal Value Growth of 437.9% for a Total Deal Value of USD 207.6 million in H1 2026. 2 - In-space manufacturing sector: Startups in the In-space manufacturing sector rank 2nd in the ranking of Space Tech sectors with the highest growth in Venture Capital, with a YoY Deal Value Growth of 275.9% for a Total Deal Value of USD 568.4 million in H1 2026. 3 - Human spaceflight sector: Startups in the Human spaceflight sector rank 3rd in the ranking of Space Tech sectors with the highest growth in Venture Capital, with a YoY Deal Value Growth of 252.8% for a Total Deal Value of USD 254.8 million in H1 2026. 4 - Satellites sector: Startups in the Satellites sector rank 4th in the ranking of Space Tech sectors with the highest growth in Venture Capital, with a YoY Deal Value Growth of 169% for a Total Deal Value of USD 4,329.4 million in H1 2026. 5 - Satellite communications sector: Startups in the Satellite communications sector rank 5th in the ranking of Space Tech sectors with the highest growth in Venture Capital, with a YoY Deal Value Growth of 130% for a Total Deal Value of USD 1,265.9 million in H1 2026. 6 - Space tech for Positioning, Navigation & Timing sector: Startups in the Space tech for Positioning, Navigation & Timing sector rank 6th in the ranking of Space Tech sectors with the highest growth in Venture Capital, with a YoY Deal Value Growth of 126.9% for a Total Deal Value of USD 537.4 million in H1 2026. 7 - Commercial space launch sector Startups in the Commercial space launch rank 7th in the ranking of Space Tech sectors with the highest growth in Venture Capital, with a YoY Deal Value Growth of 94.9% for a Total Deal Value of USD 3,580.9 million in H1 2026. Click here for Space Tech News for the latest updates.

Portugal tries to offset China´s control over its power grid - Portugal Business News Business News Europe - Portugal tries to offset China´s control over its power grid by purchasing a 13.7% stake in REN. This follows the news report that China’s state-owned company State Grid Corporation of China (SGCC) was the largest shareholder of Portugal´s Critical Infrastructure in Foreign Policy Magazine following a Portugal Business News report on China´s influence on Portugal´s Power Grid. Here are the main shareholders of Portugal´s Power Grid operator REN since September 2026: In a statement sent to the Portuguese Securities Market Commission (CMVM ) on September 8, 2026, Portugal´s Government confirmed that that the Portuguese State now holds 13.7% of REN through Parpública, after completing the acquisition of 91.7 million shares in the company responsible for the national electricity and gas networks. The Portuguese State, through Parpública, now has a qualified stake in Portugal´s Power Grid operator REN since it exceeds the 10% threshold for voting rights. While the value of Portugal´s investment in REN was not officially disclosed, Jornal Económico reported that the value stated in the contract was 380 million euros. Portugal´s Prime Minister justified its investment in the national power grid company with the need to safeguard the national interest and also to lower the price of energy. Who are the main shareholders of Portugal´s Power Grid operator REN in 2026? The largest shareholder of Portugal´s Power Grid operator REN is the State Grid Corporation of China with a 25% share. With its new investment on September 8, 2026, the Portuguese Government becomes the second largest shareholder of Portugal´s Power Grid operator REN with a 13.7% share. Portugal´s Minister of Environment and Energy emphasized the strategic importance of electricity and gas networks for the country, stating that Portugal´s main interest in having a stake in the electricity grid is "the issue of sovereignty," at a time of global geopolitical turmoil. She added that Portugal´s Government stake in the national power grid changes its position as the State has now managed to have the capacity to influence the management of the national power grid "from within." Portugal´s Minister for Environment and Energy, Maria da Graça Carvalho, highlighted in a declaration to the Parliament that Portugal had three assets considered strategic by the Government, namely: electricity and gas networks, gas storage, and the refinery. In this context, Portugal´s "main interest" in REN, which justified the purchase of a stake in the company, "is the issue of sovereignty, public interest, and national security ," she indicated. What is Portugal´s position towards China being the largest shareholder of its national power grid operator REN? According to Portugal´s Minister for Environment and Energy, Maria da Graça Carvalho, Portugal´s position towards China being the largest shareholder of its national power grid operator REN is not unfavorable since there have been no problems due to the Chinese state having a stake in REN. She added that Portugal and China "have a good working relationship." However, Portugal´s Minister for Environment and Energy explained that Portugal decided to become a major shareholder in REN to have more control on the national power grid: "Whether it's this or another public company from another country, we cannot forget the geopolitical changes we have seen in recent months. It is very important that we control what is strategic" - Portugal´s Minister for Environment and Energy, Maria da Graça Carvalho. Portugal was until now an exception at the European level, not having a stake in the capital of the national electricity grid operator. Click here for Business News Europe for the latest updates.

The EU and Canada negotiate a Trade & Security Agreement - Portugal Business News Business News Europe - The EU and Canada are negotiating a Trade and Security Agreement, according to a Bloomberg report dated September 8th, 2026: In a move towards building an alternative to US trade policies, the EU and Canada are negotiating an agreement focused on trade, security, supply chains, and critical raw materials. The EU Canada Trade and Security Agreement is expected to be formalized on September 16th, 2026, and to be announced during the State of the Union address in which the President of the European Commission will outline the EU`s main priorities for the following year. Canadian Prime Minister Mark Carney is expected to attend the session and to address the European Parliament the following day. The EU and Canada are also considering a collaboration within the framework of the Trans-Pacific Partnership, a multilateral trade agreement of which Canada is a party, during a summit between the European Union and Canada that is scheduled for October 2026. Canada was the first country outside the European Union to join the EU SAFE weapons program in December 2025. Canada´s participation in the EU's SAFE Defense industry support program includes a budget of 150 billion euros, that aims to provide member states with loans on favorable terms for joint arms purchases. The EU SAFE program is expected to strengthen Europe's Defense industrial base through joint purchases that will benefit all participating countries. The EU is seeking to develop a Defense industry to counter the threat from Russia and to mitigate its dependence on the United States. Click here for the link to Business News Europe for the latest updates.

The EIB and Portugal sign a funding agreement of €500 million for Social Housing - Portugal Business News Financial News Europe - The EIB and the Government of Portugal sign a funding agreement of 500 million euros for Social Housing. Here is what is Portugal´s Social Housing program in 2026: What is Portugal´s Social Housing program in 2026? The financing agreement between the EIB and the Government of Portugal is the first tranche of a total line of credit of 1.5 billion euros provided by the EIB with lower interest rates and longer grace periods. The funding will be used for the construction and rehabilitation of houses under Portugal´s Social Housing program and the EIB's support is coupled with funding from municipalities responsible for social housing projects. Portugal´s Social Housing program is one of the Government´s priorities for the construction and renovation of public housing in Portugal with the aim to ensure better living conditions for the most vulnerable families, according to Portugal´s Ministry of Infrastructure and Housing. Click here for the link to Government of Portugal News for the latest updates.