Glossary

Business:

Free Zone (FZ) - A special economic area with tax exemptions and streamlined regulations for foreign businesses.
Trade License - A government-issued permit allowing a company to operate legally within the UAE.
UAE Dirham (AED) - The UAE’s national currency, pegged to the US Dollar (1 USD ≈ 3.67 AED).

UAE Banking Terms:

Capital Repatriation - The right to freely transfer profits and investments out of the UAE without restrictions.
Title Deed - A legal document proving ownership of real estate in the UAE.