Egypt facing economic, investor crisis - Al-Monitor: the Pulse of the Middle East:
"A recent report said Egyptian banks offered 40 billion Egyptian pounds [$5.7 billion] in loans during fiscal year 2012–2013. The report confirmed that banks, in their funding, focused on projects linked to oil and the energy sector. Data showed a credit decline in the tourism sector, continuing the decline in the tourism industry's performance after the Jan. 25, 2011, revolution. Many businesses have become unable to produce the cash flow necessary to meet debt service obligations. At present, any visitor to Egypt would notice the economic recession from which businesses in various sectors are suffering."
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