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Economy
Economy UAE
Monday, October 26, 2026

FIX Dessert Chocolatier Expands to 100+ Airports Worldwide

Overview:

Dubai's private sector continues to drive regional employment, claiming 75 percent of the workforce as of 2025. Meanwhile, FIX Dessert Chocolatier exemplifies how small enterprises leverage the emirate's commercial reputation and networks to scale internationally. The broader economic picture shows Gulf tourism revenue growing 9.7 percent to 131.9 billion dollars in 2025, while geopolitical tensions weigh on regional equity markets and energy prices.

Details:

Three of every four workers in the United Arab Emirates are employed by the private sector, according to the Federal Centre for Competitiveness and Statistics. This concentration reflects the dominance of commercial enterprise over public-sector roles, which account for only 3.3 percent of federal employment and 3.5 percent of local government positions.

FIX Dessert Chocolatier, founded in 2021, demonstrates Dubai's capacity to convert limited-scale home recipes into globally distributed products. The company now sells in more than 100 airports worldwide, with established presence in the United Kingdom and Singapore, after major international brands began adapting its formula.

Gulf tourism receipts reached 131.9 billion dollars during 2025, reflecting a 9.7 percent year-on-year increase. The six-nation bloc welcomed 75.7 million visitors, up 4.9 percent from 2024. Intraregional tourism climbed to 20.1 million passengers, a 3.6 percent gain. Hotel capacity expanded to 12,400 facilities, growing 4.8 percent.

Regional equity markets retreated as geopolitical risk escalated. The Saudi main index fell 2.65 percent to 9,438.50 points on Sunday, driven by broad sell-off activity. Bahrain's index declined 0.17 percent to 1,848.51 points, while Kuwait's benchmark rose 0.47 percent to 8,329.42 points.

Outlook:

Investors are monitoring Federal Reserve policy decisions and their impact on energy and equity valuations. Brent crude retreated to 114.60 dollars per barrel on Monday, down 1.82 percent, after escalating Houthi attacks on Saudi infrastructure kept supply concerns at the forefront of market sentiment. Cryptocurrency volatility persists, with Bitcoin oscillating near 80,000 dollars as traders assess the implications of broad liquidations in digital-asset markets.

UAE Brief

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