Superfantagenio

Superfantagenio also known as Aladin is a 1986 Italian family comedy film starring Bud Spencer as the Genie and Luca Venantini as Aladdin, and with Spencers daughter Diamy participating in a secondary role as Aladdins love interest.

Eventually, Siracusa abducts Janet and Jeremiah and begins to brutally question them about the Genie. Although it is night when Al summons him, the Genies physical strength proves more than enough to finish Siracusas gang by himself, and the gangsters are arrested. Under a false pretense, the Genie is taken away to be dissected, but Al, fearing the worst, finds him before this deed can be executed and manages to convince the Police Chief that he is not an alien but a reallife genie. The Chief then asks Al to have the Genie disable the entire worlds military arsenal all except of his own private army, so that he can seize control over the world. The Genie, however, refuses to fulfill this wish, as it would seriously upset the balance of power, and he and Al make their escape on the Chiefs office carpet converted into a flying carpet.The pair proceeds to the Bermuda Triangle, where the Genie prepares to sink the lamp into the depths of the sea to prevent his powers from being abused. Al, however, unwilling to let his friend go, asks for one final wish, which is fulfilled. With the reward money from Siracusas capture, the Haddins buy the nightclub and celebrate its reopening, with the Genie staying with them as a normal human being. ........

Source: Wikipedia