Egypt was one of the first Arab states to recognise Israel at it's 1967 borders. Since the 1980's Israel has been an ally and has shared many common interests with Egypt, including strong shared relationships with both the USA and western Europe.
However, unfortunately Egypt must speak out against the complete occupation of Palestine. Heed your neighbour's warning Israel, there will never be peace in these lands as long as there is no State of Palestine. Find it in yourselves to offer compromise - offer some land to the Palestinian people where they can start their own state, even if it is not all the land gained from 1967, Egypt will stand by you in any compromising decision you make.
OOC: Are you JakePearson? Same avatar, same country, different name? :L