The post The $2.3 Billion Sparkle Abu Dhabi Could Have On Disney appeared on BitcoinEthereumNews.com.

Bob Iger announces the launch of Disneyland Abu Dhabi, with Miral group CEO Mohamed Al Zaabi, Miral chairman, Mohamed Al Mubarak, and chairman of Disney Experiences, Josh D’Amaro Miral Disney’s upcoming theme park in Abu Dhabi could boost its profits by as much as $2.3 billion in its first decade of operation according to new analysis. As this author forecast in a social media post and follow up report, Disney announced in May that its next resort will be built in the capital of the United Arab Emirates (UAE). Almost instantly, it gave a glow to the media giant’s stock price. The value of Disney’s shares have largely been in decline since they hit a high of $201.91 in March 2021. Colossal losses at its streaming division combined with a string of costly box office duds led to Disney’s stock price crashing to an almost 10-year low of $81.72 in April this year. It was even lower than it fell at the onset of the pandemic but it wasn’t long before the magic returned. When Disneyland Abu Dhabi was announced on May 7, the stock price surged by 10.8% and now stands at a healthy $115.17. A staggering $18 billion was added to Disney’s market capitalization on that day alone but this might just be the start. Theme parks, not movies, are the engine behind Disney’s profits thanks in part to fat margins on the food, beverage, merchandise and queue-cutting passes sold there. Disney’s Experiences segment, which includes its theme parks and consumer products, generated just over a third of the company’s $91.4 billion revenue last year but nearly 60% of its $15.6 billion operating income. That trend hasn’t stopped as Disney announced yesterday that in the third quarter of this year, Experiences was again responsible for the majority of…

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Filed under: News - @ August 7, 2025 7:28 pm