The richest people in Portugal are, for the most part, men over 60, according to the list of Forbes Portugal.
But in the new ranking there are two ‘unicorns’ and five women - including the head of the richest family in the country- that of Maria Fernanda Amorim whose wealth weighs in at €5.45 billion held as shares in Galp Energia and the original cork business, Corticeira Amorim.
Continuing to blame the oil and gas exploration and extraction licenses on the last government, the Secretary of State for Energy is sticking to the agreed political mantra that the government ‘only wants to know what resources are out there.’
"It does not make sense that the country does not want to know its resources," said Jorge Seguro Sanches, talking to journalists at the BP Statistical Review of World Energy 2018, in Lisbon.
In2south presents the South of Portugal as the ideal location for practicing ecotourism and creative tourism, in perfect symbiosis with the values of responsible tourism.
Proactivetur’s new brand is aimed at travellers looking for walking tours, bird watching, creative and gastronomic experiences based around local culture and get-together activities with villages, always in a close sustainable relationship with the values of the territory and local communities.
A beautifully preserved, intact Roman amphora has been discovered by an underwater archaeological team working in the waters of the Arade river in Portimão.
The June discovery of the amphora, used to ship wine around 2,000 years ago, is said by team leader Cristóvão Fonseca, to be the best example in Portugal to have been found in situ.
Parvalorem, the company that manages the toxic assets of the former Portuguese Business Bank (BPN,) has handed out €500,000 to managers last year.
Some of those managers were part of the former team at Banco Português de Negócios under whose management the bank went bust and was bailed out with taxpayers’ funds.
Algarve MP, Paulo Sá, has continued to muddle the decisions of a privately owned bank with ‘public service.’
Concerned about the impending closure of Caixa Agrícola in Salir, leaving locals without a bank, the communist MP has raised the matter in parliament and now wants an answer from the Minister of Finance.
Portugal’s maligned national infrastructure authority now is in control of the Algarve’s EN125 - along its entire length.
The concession holder, Rotas do Algarve Litoral, announced on Friday, 6th June, that is was quitting and immediately suspended its 14 road safety managers, claiming that it has not been paid for the work it has completed on the EN125 western section.
Tourists and locals have been visiting the Algarve’s monuments in increasing number as the region’s Culture Directorate announces a 17% rise so far this year.
The monuments under the care of the Regional Directorate of Culture of the Algarve are the Sagres Fortress, Ermida de Guadalupe in Raposeira, Vila do Bispo, the Megalithic monuments of Alcalar, Portimão and the Roman ruins of Milreu in Estoi, Faro.
