Daniel,I recently went through the Suez Canal as I did about 12 years ago on a Container Ship,the Egyptians have been pumping "Water and Silt" from the Nile for over 15 years into the Sinai and as far as I could see from the top of the ship....there are thousands upon thousands of hectares of beautiful productive land as far as the eye can see,and beyond.
The Japanese have built a road bridge over the canal and Krupps of Germany have built a very impressive Swing Bridge also over the canal.
The Egyptians are getting 3/4 Harvests a year and supplying Europe and the Gulf States in particular with Greens,Vegetables and Fruit during the Winter and Summer periods.
This has been and is a very lucrative market,moreover they starting to build factories for "add-on" production ie,fruit bars,chips and other nibbles etc,.
I cannot see Israel trying to take over the Sinai,if they did they would have real fight on their hands steve