Latest news with #ItalianPavilion
Japan Times
a day ago
- Business
- Japan Times
Osaka Expo ticket sales exceed break-even point
Ticket sales for the ongoing World Expo in Osaka have exceeded 18 million, the break-even point for operating costs, organizers said Monday. About 18.09 million tickets had been sold as of Friday, according to the Japan Association for the 2025 World Exposition, which aims to sell 23 million tickets. Weekly sales have been 400,000 to 500,000 tickets since the April 13 opening of the Expo. Before the opening, ticket sales were sluggish and there were concerns that the Expo would end in the red. But the Italian, U.S. and other foreign pavilions have proven popular, while the event is receiving favorable social media reviews. The operating costs of the Expo is estimated at ¥116 billion ($785 million), with ¥96.9 billion expected to be covered by admission fee revenue. But unexpected expenses may arise. The park and ride system, which the Expo introduced to allow visitors to transfer from private cars to shuttle buses to access the venue, may lose several billion yen because of initial low usage, a senior association official said. In addition, a Japanese government official warned that if the venue is closed due to weather conditions, losses will reach ¥600 million per day. "Selling 18 million tickets is only one passing point. At this point, I can't say that we will be profitable," another senior association official said.
CTV News
4 days ago
- Entertainment
- CTV News
Italian culture on display at Folklorama
Winnipeg Watch Now in its 53rd year, the Italian pavilion at Folklorama is drawing sold-out crowds to watch dancing and enjoy pasta.
Zawya
01-06-2025
- Business
- Zawya
Italian Pavilion dazzles visitors at 55th Watch and Jewellery Middle East Show
Sharjah: The 55th Watch and Jewellery Middle East Show, organised by Expo Centre Sharjah with support from the Sharjah Chamber of Commerce and Industry (SCCI), features a distinguished presence by the Italian pavilion that unveiled a rare collection of handcrafted diamond and jewellery pieces. Designed by some of Italy's most celebrated designers, the collection was revealed in Sharjah for the first time, drawing wide attention from global luxury jewellery connoisseurs. H.E Abdallah Sultan Al Owais, Chairman of SCCI, visited the Italian pavilion, accompanied by H.E Mohamed Rashid Ali Demas, SCCI Board Member; H.E Ali Hilal Al Hazami, SCCI Board Member; and Mona Sultan Al Suwaidi, Director of the Executive Office of the SCCI's Chairman and in charge of the Emirati Goldsmiths platform. The attendees explored the Italian pavilion's offerings, which encompassed a wide array of premium jewellery designs showcasing rare gemstones, including pure diamonds, vivid blue sapphires, and captivating emeralds, as well as meticulously crafted pieces made from 18-karat gold and superior-grade natural diamonds. The Italian pavilion at the 55th edition of the exhibition featured the participation of around 50 brands, marking a 15% growth over the previous edition. This makes Italy stand as the largest international presence at this year's show, which concludes tomorrow, Sunday. This expansion reflects Italy's growing global stature as the third-largest global supplier and leading European exporter of jewellery to the UAE, with exports surpassing €1.22 billion in 2024. In his remarks, Al Owais praised the solid economic and commercial ties between the UAE and Italy. He noted that the steady rise in Italian participation at the Watch and Jewellery Middle East Show underscores the UAE's strategic role as a dynamic global trade hub and a key gateway to regional markets. He added that the increasing number of Italian exhibitors is a testament to the rising investor confidence in the competitive business climate of Sharjah and the UAE at large. Italian exhibitors noted that that this year's collections were custom-designed and produced exclusively for the exhibition, with each piece offered in highly limited editions, typically no more than two per design. This exclusivity caters to discerning clients seeking rarity, sophistication, and superior quality. They also affirmed that all displayed items are entirely handcrafted, which significantly enhances the intrinsic value of each piece. In February 2025, Italy recorded jewellery exports of €238 million to the UAE, a 24% increase compared to the same period in 2024, maintaining a 5% share of the total import market. Italy continues to rank among the UAE's top suppliers of fine jewellery, a testament to the enduring appeal of Italian design and craftsmanship. For further information, please contact: - Ali Elgendy Misbar Communications ali@ Ahmad Aldwairi Misbar Communications
Sharjah 24
31-05-2025
- Business
- Sharjah 24
Italian pavilion shines at Watch and Jewellery Middle East Show
Debut of rare, handcrafted jewellery Designed by renowned Italian designers, the collection features exquisite, limited-edition pieces incorporating pure diamonds, vivid blue sapphires, emeralds, and 18-karat gold. Each item is handcrafted, enhancing its uniqueness and value, and most designs are limited to just two pieces each. VIP visit highlights strategic partnership His Excellency Abdallah Sultan Al Owais, Chairman of SCCI, visited the Italian Pavilion along with His Excellency Mohamed Rashid Ali Demas, His Excellency Ali Hilal Al Hazami, and Mona Sultan Al Suwaidi. The delegation explored the premium jewellery offerings and celebrated the strong economic ties between the UAE and Italy. Record Italian participation reflects growing trade ties This year's Italian Pavilion featured around 50 brands, a 15% increase from the previous edition, making Italy the largest international participant in the show. The surge reflects Italy's position as the third-largest global supplier and Europe's leading exporter of jewellery to the UAE, with 2024 exports exceeding €1.22 billion. Exclusive designs cater to discerning clients Italian exhibitors highlighted that all showcased items were designed and produced specifically for this event, emphasizing exclusivity, sophistication, and high craftsmanship. The focus on limited editions appeals to clients seeking rare and superior-quality jewellery. Jewellery trade continues to grow In February 2025 alone, Italy exported €238 million worth of jewellery to the UAE—a 24% increase compared to the same period in 2024—solidifying Italy's 5% share in the UAE's total jewellery import market. Italian design and craftsmanship continue to resonate strongly with UAE consumers.
Zawya
18-02-2025
- Automotive
- Zawya
Italy's maritime innovation anchors at Dubai International Boat Show 2025
Dubai, UAE – Italy's yachting industry reveals stabilised growth, cementing its leadership in superyacht production and sustainability innovation. 'Made in Italy' continues to thrive in the UAE, with over €133 million worth of nautical products exported to the region between January and October 2024. As a global leader in superyacht production and sustainability innovation, the Italian Marine Industry Association (Confindustria Nautica) is set to highlight its remarkable achievements and ongoing commitment to sustainability at the Dubai International Boat Show 2025, running from February 19 to 23 at Dubai Harbour. At the heart of Italy's participation is the Italian Pavilion, organised by the Italian Trade Agency (ITA) in collaboration with the Italian Marine Industry Association and Italy's Ministry of Foreign Affairs. Featuring 20 leading Italian manufacturers, the pavilion will showcase cutting-edge designs, state-of-the-art mechanics, and groundbreaking sustainability solutions, reinforcing Italy's pivotal trade relationship with the UAE. Positive Outlook for 2024 and Beyond The Italian yachting industry reached an all-time high turnover of €8.33 billion in 2023, fueled by exports exceeding €4 billion and a global export rate of 90%. Italy continues to lead the world in the superyacht segment, accounting for over 50% of global orders, as well as excelling in components, equipment, and large inflatable units. This leadership extends to its strong trade relationship with the UAE, where Italy ranks as the 6th largest exporter of nautical boats and equipment, holding a 5.19% market share. While 2024 saw a diversification of market dynamics between high-end yachts and smaller boats, growth in the superyacht segment remains a stabilizing force. According to industry forecasts, 75% of companies in this sector expect a positive close to the year, with 25% projecting stability. These developments highlight the growing Italy-UAE partnership, with the Dubai International Boat Show 2025 providing a key platform for Italian manufacturers to strengthen regional ties and showcase the enduring appeal of "Made in Italy" craftsmanship. Sustainability at the Forefront Italy's yachting industry reaffirmed its commitment to sustainability in 2024, taking proactive steps to reduce its greenhouse gas (GHG) emissions. Despite contributing less than 0.01% to global emissions, according to the International Maritime Organization (IMO), the industry invested in hybrid and electric propulsion technologies and explored renewable fuels as part of its green transition. The Italian Marine Industry Association's Sustainability Committee continued to advance ESG (Environmental, Social, and Governance) standards across the sector. This dedication earned the Genoa International Boat Show ISO 20121 certification for sustainable management practices, highlighting Italy's leadership in eco-conscious innovation. Lorenzo Fanara, Ambassador of Italy to the UAE, stated: 'The Italian Pavilion at the Dubai International Boat Show exemplifies the strengthening partnership between Italy and the UAE in the maritime sector. Italy's leading manufacturers are at the forefront of designing ships that adhere to modern emissions standards, exemplifying a new wave of 'Made in Italy' excellence. From innovation to sustainability, Italy continues to set global standards in excellence and design.' Valerio Soldani, Italian Trade Commissioner to the UAE, said: ''Made in Italy' thrives in the UAE, with over €133 million in nautical exports from January to October 2024. As the 6th largest exporter to the UAE with a 5.19% market share, Italy's leadership in the market is clear. At the Dubai International Boat Show 2025, 20 top Italian manufacturers will showcase cutting-edge designs and sustainable innovations, reinforcing our strong trade partnership with the region.' Saverio Cecchi, President of Confindustria Nautica, commented: 'For the past twenty years, the Italian Marine Industry Association has actively promoted the pinnacle of Italian yachting at the Dubai International Boat Show, organising a collective of companies in partnership with the Italian Trade Agency. The United Arab Emirates remains a key market when it comes to our exports, representing one of the 15 leading countries in the export of Italian yachting units, which in 2023 reached a rate of 90%.' As the Italian yachting industry continues to set benchmarks for growth and sustainability, its presence at the Dubai International Boat Show 2025 promises to be a highlight, blending tradition, innovation, and eco-conscious practices. -Ends- MEDIA CONTACT | SOAR PR ( Honour Chokote | honour@ Noha Ahmed | noha@ About Italian Trade Agency - ITA ITA - Italian Trade Agency is the Governmental agency that supports the business development of Italian companies abroad and promotes the attraction of foreign investment in Italy. With a motivated and modern organisation and a widespread network of overseas offices, ITA provides information, assistance, consulting, promotion and training to Italian small and medium-sized businesses. Using the most modern multi-channel promotion and communication tools, it acts to promote the excellence of Made in Italy in the world.
