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Portugal
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.
11 July 2022
Floating solar energy farms on Portugal’s EDP plans for Southeast Asia
Portugal's main utility EDP, whose biggest shareholder is China Three Gorges, will scale up its offshore floating solar farms in Southeast Asia, the company´s CEO said.
11 July 2022
Mota-Engil wins Lobito Corridor concession in Angola
Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC, has been awarded the concession of the Lobito Corridor in Angola, a strategic project for the African country´s authorities.
08 July 2022
EDP wins 15-year contract to sell offshore wind energy in UK
Ocean Winds, a joint venture between Portugal’s EDP Renováveis and Engie, has won a contract in the UK to sell energy from part of the capacity of the Moray West offshore wind farm.
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