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Portugal
28 July 2022
EDP to sell USD 500 million hydroelectric project in Peru to China Three Gorges
EDP is set to sell its 50% stake in the San Gaban III hydroelectric project, in Peru, to its largest shareholder China Three Gorges (CTG).
25 July 2022
Angola to earn USD 2 billion from Lobito corridor concession to Mota-Engil
The Angolan state will earn over USD 2 billion with the concession of Lobito corridor to Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC.
19 July 2022
China´s Binance hiring in Portugal while awaiting central bank approval
China´s Binance, the world’s largest cryptocurrency broker, is in a recruitment process to start operations in the Portuguese market.
19 July 2022
Appeal Court in Portugal upholds Haitong fine
The Lisbon Court of Appeal confirmed a fine of EUR 400,000 for Haitong Bank, formerly Banco Espírito Santo International (BESI), in connection with the sale of ESI and Rioforte commercial paper in Espirito Santo banks in Portugal.
19 July 2022
Capital Airlines to connect Portugal and China through Hangzhou
China´s Capital Airlines will start connecting Portugal and China through the city of Hangzhou, the capital of Zhejiang province.
18 July 2022
Portugal to receive EUR 23 billion from EU to attract investment
Portugal is set to receive European Union funds worth EUR 23 billion, aimed at attracting investment to the country.
15 July 2022
Portugal´s Madeira region and China seek to boost future investments
The Autonomous Region of Madeira (RAAM), in Portugal, is seeking to boost future investments and trade with China, and a business mission is being set for next year.
14 July 2022
No divestment in Portugal foreseen, Fosun chairman says
Fosun chairman Guo Guangchang says “no divestment is foreseen in Portugal”, where the company owns multiple assets, including in banking and insurance.
13 July 2022
Singapore´s PSA opens the first phase of the expansion of Sines Container Terminal
Port of Singapore Authority (PSA) Sines in Portugal inaugurated a new phase of the Sines Container Terminal, marking the completion of the first stage of the expansion.
13 July 2022
Portugal´s Teixeira Duarte and Feel Afrika to invest USD 10M in Luanda hotel
The Teixeira Duarte/Feel Afrika consortium, which won the tender to operate and manage the Talatona Convention Hotel (HCTA), will invest about USD 10 million in the hotel complex.
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