Four Portuguese companies sign agreements with Saudi Arabia
Four Portuguese companies, including a Porto-based AI firm and an aesthetic clinic, have signed agreements to expand their operations into Riyadh, Saudi Arabia.

Latest news and stories about business in finance in Portugal for expats and residents.
Four Portuguese companies, including a Porto-based AI firm and an aesthetic clinic, have signed agreements to expand their operations into Riyadh, Saudi Arabia.

President António José Seguro is attending the Cape Verde-Portugal economic forum in Praia to explore and identify new bilateral business and investment opportunities.

With only six months remaining, 74% of the Labour Compensation Fund remains uncollected, prompting employer confederations to consider requesting an extension from the government due to administrative difficulties.

An analysis of the Portuguese restaurant sector, highlighting concerns about its long-term economic stability and market saturation.

Fosun Group's investment in the Portuguese insurer Fidelidade, acquired in 2014 for one billion euros, is projected to be valued at 4.9 billion euros, highlighting the significant financial success of Chinese businesses in Portugal.

The Brazilian firm Fiber launches its operations in Europe by establishing a presence in Portugal.

PepsiCo has appointed a new leader for its Portuguese operations.

Portugal is expected to end 2026 with approximately 2,250 business insolvencies, a figure largely stable compared to the previous year, according to an Allianz Trade report. While recent months showed a downward trend, the insurer predicts a 2% increase in 2027 to 2,300 cases due to ongoing pressures from financing costs and production factors. Construction insolvencies rose, while retail and agribusiness saw declines. Globally, Allianz Trade expects insolvency levels to remain high until 2028, with AI not yet identified as a general cause of failure.

The number of business insolvencies in Portugal shows stability during the period from January to September 2026.

The deal with Moeve has collapsed, but the intention to bring other investors into refining remains active. Galp has improved its earnings projections for this year. Company managers have downplayed the fall in share prices this Monday: €1.7 billion in market capitalization was lost in a single day.

Portuguese firm Tekever – Portugal’s seventh unicorn company after a funding round pushed its valuation past one billion pounds/ euros/ dollars, and which specialises in drones equipped with artificial intelligence The post Portuguese unicorn Tekever sells drones to U.S. Special Operations appeared first on Portugal Resident.

Randstad Portugal introduces a new dedicated service area focused on trade marketing solutions.

Several Brazilian franchises are participating in a fair in Portugal to expand their businesses, with the country being a major participant at Expofranchise 2026 in Lisbon. Companies such as Total Clean, Anjos mattresses, and Depil Express are looking to strengthen or establish their presence in the Portuguese market, contributing to a franchising sector in Portugal that exceeded 23 billion euros in revenue in 2025.
U.S. defence giant Lockheed Martin has opened a potential route into its F-35 production chain for four Portuguese companies, as various manufacturers compete to supply the fighter jets that will The post U.S. defence giant courts Portuguese industry as decision on new fighter jets approaches appeared first on Portugal Resident.

Bondalti chairman and executive president, João de Mello, has been re-elected for a new term as a board member of the European Chemical Industry Council (Cefic). The leader of the chemical company controlled by the José de Mello Group will remain on the board of what is considered the most important European chemical industry association for the next two years.

Francisco Gutiérrez states that the country remains a key market for the brand Scalpers.

Lino Santos and Duarte Pupo Correia debate cyber risks in Portugal and explain how cybersecurity is a strategic investment for companies.
WPP Media led the media new business ranking in Portugal during the first half, with a net balance, including renewals, of 44 million dollars (39 million euros). The data comes from COMvergence, an entity specializing in the quantitative analysis of the performance and strategic development of media agencies globally. In...

An analysis of how Portuguese companies often mistake reactive improvisation for true productivity. While cultural traits like flexibility and informality can solve urgent problems, they often mask operational inefficiencies when the same issues recur. The author argues that management must move beyond simply copying external productivity models and instead focus on how internal cultural strengths—such as personal relationships and adaptability—can be systematically integrated into processes to create lasting value rather than just 'putting out fires'.

The challenge lies not only in finding business opportunities, but in securing the necessary capital to seize them without compromising cash flow and operational stability.

HORA Creative World has separated from an international group to independently pursue its brand strategy and business scaling efforts. Founded in 1927 and formerly part of McCann Portugal, the agency retains its 52-person team and leadership, now operating with full autonomy to define its strategy and market expansion. CEO Luís Pereira Santos highlights that this independence allows for faster decision-making and international growth in markets such as Spain, Brazil, the US, and Vietnam. The agency, which recently reported a 9% revenue growth to €9 million, plans to invest in talent and artificial intelligence to enhance its service offerings in branding, digital, and content.

The Association of Hotels, Restaurants and Similar Establishments of Portugal (AHRESP) wants to reduce the vulnerabilities of the restaurant sector with a 10-year strategy that provides for the creation of a 50 million euro mutual fund. "We understand that it was the right time to draft a strategic plan for a decade. It is not to be done...

Abreu Advogados and Latitudes 10, a consultancy firm supporting investment promotion in Venezuela, have signed a strategic cooperation protocol. According to the firm, this partnership aims to identify investment opportunities in Venezuela, support national and international investors looking to invest in that country, promote the internationalisation of companies, and organise business missions.

On October 22, Hiscox is holding the second Portuguese session of Hiscox on Tour in Lisbon, a roadshow aimed at insurance brokers. The meeting will take place at Clube Ferroviário, following the first edition in Porto, which brought together more than 80 professionals. The Lisbon session will focus on the technological risks affecting...


Novobanco has been recognised by Global Finance as the leading financial institution for small and medium-sized enterprises in Portugal.

The American Chamber of Commerce in Portugal celebrates its 75th anniversary with an event held in Ponta Delgada.

Sumol+Compal, a Portuguese non-alcoholic beverage company, now has Sérgio Leal as its director of innovation. The former McDonald's executive took on the role in September, according to his LinkedIn profile. Sérgio Leal, who spent nearly 20 years at McDonald's, the last seven as director of marketing and communication, left the company...
