American fund Lone Star will keep Novo Banco until 2021
American vulture fund Lone Star, which owns Novo Banco, says it has no plans to sell it before 2021. The fund, which owns 75% of Novo Banco, says it will
Montepio announces appointment of new CEO
Montepio bank has formally appointed Pedro Leitão as the new CEO. The Bank of Portugal had already given the green light to the appointment of the former director of Banco
Everything you need – Intermarché Carvoeiro is more than just a superstore
From the front of Intermarché Carvoeiro, you could be forgiven for thinking it was just another supermarket. But when you get nearer the entrance, you’ll start to appreciate what lies
Dublin conference to highlight growing business opportunities in Portugal
Irish firms are being invited to join a special conference to learn about the growing business opportunities across Portugal. The ‘Portugal Conference’ will be staged on Tuesday, February 4 at
A new lease of life
Home renovation company Oaktree Projects has spent the last several years totally transforming properties within the Carvoeiro area. Since 2002, Bart Hoogwerff Eikelenboom and his wife, Annelies, visited the Algarve
Algarve hotel bookings increase 2.5% in December
Hotel bookings in December increased 2.5% in the Algarve, according to hotelier association AHETA. The region’s hotels saw 34.4% of their rooms booked in the last month of the year,
Cerberus Fund buys Fidelidade property
Around four months after having begun looking for a buyer for a portfolio of five properties in Lisbon and Porto, including its Chiado headquarters, Fidelidade is about to close a
Qatar Airways to nearly double weekly flights to Portugal
Qatar Airways will be almost doubling the number of weekly flights between Lisbon and Qatar’s capital Doha from seven to 13 starting in June. “The success of the route launched
2019 sets record for new businesses in Portugal
2019 was a record-breaking year for the launch of new companies in Portugal with an unprecedented 48,854 new businesses being created – a large number were small-sized companies. The number
For the sake of the planet
For the MALO CLINIC a more ecological and sustainable planet starts with small everyday gestures that are literally in our own hands. For the MALO CLINIC, its slogan — the