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Business Recorder
4 days ago
- Business
- Business Recorder
Italian Republic Day: Message from Salvatore Parano, Italian Trade Commissioner for Pakistan
It is with great pride that I extend my greetings to the readers of this special supplement, commemorating the Italian National Day set to be celebrated on June 2nd, 2025, in Islamabad and Karachi. As we navigate through the complexities of rising trade policy uncertainty and rapid surge of tariffs, the role of trade promotion becomes increasingly vital. International trade statistics show that over the last hundred years, the growth in commerce has outpaced the economic growth. Today, trade promotion is becoming increasingly important for the gdp growth and complex to manage. The Italian Trade Commission (ITA) office in Islamabad has been fully operational in the last 18 months and, together with a dedicated desk in Karachi, has been meeting the needs and requirements of the business sector of our two economic systems. The Italian Trade Commission (ITA) is the national trade and investment promotion agency whose duty is to develop, facilitate and promote the international competitiveness of italian companies, with particular emphasis on the needs of small and medium sized businesses. In Pakistan, the Italian Trade Commission has always worked under the auspices of the Embassy and the Consulate of Italy to enhance the existing trade relations between our two countries. Pakistan's goods and services trade with Italy witnessed a robust surplus during fiscal year 2024. Trade surplus came in at €558.633 million in FY2024 against €666.110 million a year ago, showing moderate decline of 16,1%. The Overall italian exports to Pakistan stood at € 467.158 million during 2024 against imports of €1,025.991. On a year-on-year basis, exports to Italy decreased 6,2% while imports from Italy increased 9.04%. We look forward to increased interaction between Italy and Pakistan in the years to come and for Italy to become major stakeholder in Pakistan's industrial growth and development, not only in terms of provider of technology for Pakistan manufacturing units but also in terms of quality standards of fast moving consumer goods in which Italy has a worldwide reputation and can represent a win-win best practise for Pakistani partners and new products. Opportunities for the bilateral Trade: Currently, our industrial system is increasingly focusing its attention on the Asian region, with a particular emphasis on Pakistan. Through our privileged position, we are able to identify and often anticipate the significant commercial and economic opportunities that Pakistan can offer during this transformative phase in the global economy. We aim to share these opportunities with Italian companies, fostering collaboration for mutual benefit. The Italian institutions present in Pakistan have identified three large areas of opportunity to enhance collaboration, benefiting both economic systems: • Product diversification and modernization for export led industries, • Agricultural mechanization and resilience, • Energy generation and efficiency, Pakistani businesses and entrepreneurs are encouraged to connect with the Italian Trade Commission to explore the vast opportunities that await for them. Together, we can build an even more prosperous future for our economic resources. BuonFestadellaRepubblica! (Happy Republic Day!) Copyright Business Recorder, 2025
The Star
20-05-2025
- Sport
- The Star
Soccer-Juventus fans dreaming after Del Piero obtains coaching licence
FILE PHOTO: Soccer Football - Italian Super Cup - Final - Inter Milan v AC Milan - Al Awwal Park, Riyadh, Saudi Arabia - January 6, 2025 Former italian football player Alessandro Del Piero is seen before the match REUTERS/Claudia Greco (Reuters) -Former Italy forward and World Cup winner Alessandro Del Piero had fans of Juventus dreaming that he may one day coach the club when he announced on Tuesday that he had obtained his UEFA Pro Licence. Del Piero, who spent 19 seasons at Juventus winning six Serie A titles and the Champions League, completed the course run by the Italian football federation (FIGC) at Coverciano in Florence. "Starting today, you can call me 'Mister'," Del Piero said in a social media post. "Thanks to FIGC and all the teachers who accompanied me on this course, I am grateful to all the people who collaborated and shared with me this important training journey." Del Piero is still a hero at the club he left in 2012, and the 50-year-old's announcement was greeted with plenty of comments from Juventus fans looking for their idol to return home. When Del Piero left Juventus the club wanted to retire his number 10 jersey, but the player turned down the offer, saying he wanted other children to be able to dream of one day wearing it. Juventus have not won the Scudetto since their run of nine consecutive titles ended in 2020 and earlier this season sacked Thiago Motta as coach and replaced him with another former player, Igor Tudor. (Reporting by Trevor StynesEditing by Toby Davis)
Straits Times
20-05-2025
- Sport
- Straits Times
Juventus fans dreaming after Del Piero obtains coaching licence
FILE PHOTO: Soccer Football - Italian Super Cup - Final - Inter Milan v AC Milan - Al Awwal Park, Riyadh, Saudi Arabia - January 6, 2025 Former italian football player Alessandro Del Piero is seen before the match REUTERS/Claudia Greco Former Italy forward and World Cup winner Alessandro Del Piero had fans of Juventus dreaming that he may one day coach the club when he announced on Tuesday that he had obtained his UEFA Pro Licence. Del Piero, who spent 19 seasons at Juventus winning six Serie A titles and the Champions League, completed the course run by the Italian football federation (FIGC) at Coverciano in Florence. "Starting today, you can call me 'Mister'," Del Piero said in a social media post. "Thanks to FIGC and all the teachers who accompanied me on this course, I am grateful to all the people who collaborated and shared with me this important training journey." Del Piero is still a hero at the club he left in 2012, and the 50-year-old's announcement was greeted with plenty of comments from Juventus fans looking for their idol to return home. When Del Piero left Juventus the club wanted to retire his number 10 jersey, but the player turned down the offer, saying he wanted other children to be able to dream of one day wearing it. Juventus have not won the Scudetto since their run of nine consecutive titles ended in 2020 and earlier this season sacked Thiago Motta as coach and replaced him with another former player, Igor Tudor. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Yahoo
05-05-2025
- Sport
- Yahoo
Milan strikes twice in two minutes to beat Genoa and keep alive Champions League hopes
AC Milan's Rafael Leao celebrates after scoring during the Italian Serie A soccer match between Genoa and Milan at the Luigi Ferraris Stadium in Genoa, Italy, Monday, May 5, 2025. (Tano Pecoraro/LaPresse via AP) Genoa's Vitinha celebrates after scoring during the Italian Serie A soccer match between Genoa and Milan at the Luigi Ferraris Stadium in Genoa, Italy, Monday, May 5, 2025. (Tano Pecoraro/LaPresse via AP) AC Milan's Rafael Leao scores a goal during the Italian Serie A soccer match between Genoa and Milan at the Luigi Ferraris Stadium in Genoa, Italy, Monday, May 5, 2025. (Tano Pecoraro/LaPresse via AP) AC Milan's Christian Pulisic, right, makes an attempt to score during the italian Serie A soccer match between Genoa and Milan at the Luigi Ferraris Stadium in Genoa, Italy, Monday, May 5, 2025. (Tano Pecoraro/LaPresse via AP) Genoa's Morten Frendrup, left, fights for the ball with AC Milan's Alex Jimenez during the Serie A soccer match between Genoa and Milan at the Luigi Ferraris Stadium in Genoa, Italy, Monday, May 5, 2025. (Tano Pecoraro/Lapresse via AP) Genoa's Morten Frendrup, left, fights for the ball with AC Milan's Alex Jimenez during the Serie A soccer match between Genoa and Milan at the Luigi Ferraris Stadium in Genoa, Italy, Monday, May 5, 2025. (Tano Pecoraro/Lapresse via AP) AC Milan's Rafael Leao celebrates after scoring during the Italian Serie A soccer match between Genoa and Milan at the Luigi Ferraris Stadium in Genoa, Italy, Monday, May 5, 2025. (Tano Pecoraro/LaPresse via AP) Genoa's Vitinha celebrates after scoring during the Italian Serie A soccer match between Genoa and Milan at the Luigi Ferraris Stadium in Genoa, Italy, Monday, May 5, 2025. (Tano Pecoraro/LaPresse via AP) AC Milan's Rafael Leao scores a goal during the Italian Serie A soccer match between Genoa and Milan at the Luigi Ferraris Stadium in Genoa, Italy, Monday, May 5, 2025. (Tano Pecoraro/LaPresse via AP) AC Milan's Christian Pulisic, right, makes an attempt to score during the italian Serie A soccer match between Genoa and Milan at the Luigi Ferraris Stadium in Genoa, Italy, Monday, May 5, 2025. (Tano Pecoraro/LaPresse via AP) Genoa's Morten Frendrup, left, fights for the ball with AC Milan's Alex Jimenez during the Serie A soccer match between Genoa and Milan at the Luigi Ferraris Stadium in Genoa, Italy, Monday, May 5, 2025. (Tano Pecoraro/Lapresse via AP) GENOA, Italy (AP) — AC Milan scored twice in two minutes to beat Genoa 2-1 in Serie A on Monday and keep alive its slim hopes of a place in next year's Champions League. Genoa substitute Vitinha scored a minute after taking the field to give his side the lead after 61 minutes. Advertisement But Rafael Leão levelled 15 minutes later when his powerful shot was deflected into the net, and two minutes later Genoa captain Morten Frendrup put one into his own net. Although Milan remained in ninth place, it closed the gap on the top four to six points. Juventus was fourth, equal on points with Roma and Lazio below it. Three rounds remain. Milan's last three games are against Bologna, Roma and bottom club Monza. Genoa has lost its last three games and sits in 13th. ___ AP soccer:
Arab Times
14-04-2025
- Entertainment
- Arab Times
Elegance and tradition mark Italian Cultural Day celebration
KUWAIT CITY, April 14: The Embassy of Italy in Kuwait, in collaboration with the International Women's Group (IWG), hosted a vibrant cultural event titled 'Murano Glass and the Venice Carnival' at the Crowne Plaza Hotel. The event highlighted the rich artistic and cultural heritage of Italy, focusing on the Region of Veneto and its intricate beauty of Murano glass and enchanting traditions of the Venice Carnival. The event began with opening remarks by Mrs. Layla Boulos, Public Relations Coordinator, followed by a welcome speech from IWG President Mme Polina Dlamini, spouse of the Ambassador of the Kingdom of Eswatini. Guests were then addressed by H.E. Lorenzo Morini, the Italian Ambassador to Kuwait, and his spouse Mrs. Maria Lorena Morini, who warmly expressed their pride in showcasing Italy's cultural treasures in Kuwait. Among the esteemed attendees was the honorary president of IWG, Sheikha Hanouf Al- Bader Al-Sabah, along with the U.S. and Lesotho Ambassadors to Kuwait, as well as other dignitaries, underscoring the strong diplomatic and cultural ties between nations. A captivating video presentation titled 'Venice and the Art of Murano Glass' took the audience on a visual journey through Venice's glassmaking traditions, followed by a talk from guest speaker Mrs. Alessia Fuga, a renowned Italian Murano glass artist, who offered insights into the craftsmanship behind handcrafted glass jewellery. The event was further enriched by live musical performances from Quintetto Denner, a distinguished Italian jazz ensemble, performing rivisited italian classical masterpieces. Another video, 'The Venice Carnival', transported guests into the heart of one of Italy's most iconic celebrations, evoking the magic and grandeur of Venetian culture. Guests were treated to a thrilling raffle draw with prizes generously provided by event sponsors. The celebration concluded with a buffet lunch inspired by traditional Veneto's cuisine, offering a delightful taste of Italy. The event was a true celebration of culture, art, and international friendship, and served as a memorable reminder of the enduring beauty and creativity of Italian heritage.
