{"id":664283,"date":"2025-04-27T00:00:00","date_gmt":"2025-04-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/27\/the-property-id-act-is-on-its-way\/"},"modified":"2025-04-27T00:00:00","modified_gmt":"2025-04-27T00:00:00","slug":"the-property-id-act-is-on-its-way","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/27\/the-property-id-act-is-on-its-way\/","title":{"rendered":"The Property ID Act is on its way"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends, and welcome to the start of another workweek.<\/strong> This issue starts out with hard-hitting news that a decree to place properties in a centralized federal database has been given precursory approval by the House of Representatives. In other news, Uber CEO Dara Khosrowshahi believes corporate culture could do with a little more artistic thinking.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> House preliminarily approves Property ID Act:<\/strong> The House of Representatives cleared the way for a final vote on the proposed Unified ID Act after it received in-principle approval at a plenary session today, with the bill\u2019s final approval being pencilled in for an upcoming session.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Property ID? <\/strong>The draft law aims to give each property a unique digital ID on a centralized government database. The government would issue ID cards or plates for each property and issue penalties to anyone who removes or otherwise tampers with the ID plates. This is part of the government\u2019s push to inventory all real estate assets in the country and crack down on wildcat building.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The current economic situation in the US is pushing citizens to revisit recession-era <\/strong><strong>survival skills.<\/strong> In a panic driven by uncertainty around inflation, tariffs, and domestic policy, creators on social media are sharing budget recipes, cost-cutting tips, and financial hacks that were popular during the 2008 financial crisis, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/04\/26\/americans-are-getting-flashbacks-to-2008-as-tariffs-stoke-recession-fears.html\" style=\"\" rel=\"noopener\">CNBC<\/a> writes. Consumer sentiment has fallen to one of its lowest readings in more than seven decades, and digital communities are becoming a key outlet for Americans seeking to recession-proof their finances and reclaim a sense of control.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"web-image-inner\"><img data-recalc-dims=\"1\" decoding=\"async\" style=\"display: block\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/348.jpg?ssl=1\" alt=\"enterprise\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Inside Industry day \u2014 your weekly briefing of all things industrial in Egypt.<\/strong> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER-<\/strong> We\u2019re expecting tomorrow\u2019s temperature to rise to a sunny 29\u00b0C in the capital, before cooling to 18\u00b0C at night, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends, and welcome to the start of another workweek. This issue starts out with hard-hitting news that a decree to place properties in a centralized federal database has been given precursory approval by the House of Representatives. In other news, Uber CEO Dara Khosrowshahi believes corporate culture could do with a little more [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":664284,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[7195,633,274,83,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-664283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-building-code","tag-enterprisepm","tag-house-of-representatives","tag-real-estate","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"d335ec2f-323b-40d3-9aa0-51746fdc6d65","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/1\/1857.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[664281],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.c70093df-b0f8-4518-9808-02843d2bddd8.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Property ID Act is on its way - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/27\/the-property-id-act-is-on-its-way\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Property ID Act is on its way\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and welcome to the start of another workweek. This issue starts out with hard-hitting news that a decree to place properties in a centralized federal database has been given precursory approval by the House of Representatives. In other news, Uber CEO Dara Khosrowshahi believes corporate culture could do with a little more [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/27\/the-property-id-act-is-on-its-way\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-27T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1857.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/27\/the-property-id-act-is-on-its-way\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/27\/the-property-id-act-is-on-its-way\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The Property ID Act is on its way\",\"datePublished\":\"2025-04-27T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/27\/the-property-id-act-is-on-its-way\/\"},\"wordCount\":386,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/27\/the-property-id-act-is-on-its-way\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1857.jpg?fit=%2C&ssl=1\",\"keywords\":[\"building code\",\"EnterprisePM\",\"House of Representatives\",\"real estate\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/27\/the-property-id-act-is-on-its-way\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/27\/the-property-id-act-is-on-its-way\/\",\"name\":\"The Property ID Act is on its way - 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The levyawaits approval by the president and publication in the Official Gazette once the executive regulations\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647850,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/what-were-tracking-this-week-181\/","url_meta":{"origin":664283,"position":1},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"22 May 2017","format":false,"excerpt":"Budget talks at the House: Discussion of the FY2017-18 budget continue today at the House of Representatives, according to Al Mal, with Supply Minister Ali El Moselhy set to meet with members of the economics and budget committees. The budget committee is also expected to discuss spending priorities with the\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641658,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/what-were-tracking-on-28-september-2017\/","url_meta":{"origin":664283,"position":2},"title":"What we\u2019re tracking on 28 September 2017","author":"enterpriseam admin","date":"28 September 2017","format":false,"excerpt":"It\u2019s interest rate day: The central bank\u2019s Monetary Policy Committee meets today to decide on key interest rates. Ten of 12 economists polled by Reuters see the central bank leaving rates on hold as inflation hasn\u2019t cooled enough for the CBE to declare victory. Enjoy your last weekend of peace\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634974,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/house-grants-preliminary-approval-to-extending-tax-dispute-resolution-act\/","url_meta":{"origin":664283,"position":3},"title":"House grants preliminary approval to extending Tax Dispute Resolution Act","author":"enterpriseam admin","date":"30 January 2018","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives gave preliminary approval to extending the mandate of the Tax Dispute Resolution Act for an additional year, Ahram Gate reports. The House Planning and Budgeting Committee had agreed last week to extend the act for only one year, as opposed to the two years\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553205,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/26\/this-evening-house-signs-off-on-agriculture-act-and-other-bills-is-musk-finally-going-to-acquire-twitter\/","url_meta":{"origin":664283,"position":4},"title":"THIS EVENING: House signs off on Agriculture Act and other bills + Is Musk finally going to acquire Twitter?","author":"enterpriseam admin","date":"26 October 2022","format":false,"excerpt":"Good afternoon, ladies and gentlemen, and happy almost-THURSDAY. The news cycle is taking a bit of a breather on the local front after the three-day Egypt Economic Conference gave us a very busy start to the week.THE BIG STORY TODAY The House of Representatives gave its final approval to a\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646314,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/12\/what-were-tracking-this-week-167\/","url_meta":{"origin":664283,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"12 June 2017","format":false,"excerpt":"The stamp tax on capital market transactions could come into effect as early as this week.The House of Representatives will tackle the Labor Act this coming Thursday in a plenary session, while the House Manpower Committee will hold hearings on the Labor Unions Act starting mid-July.The House of Representatives has\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/664283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=664283"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/664283\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/664281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/664284"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=664283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=664283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=664283"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=664283"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=664283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}