In my opinion, Egypt must eventually choose between Turkey and the Gulf states, in which case I think Turkey will eventually win the Egyptians over.
Aside from the lunatic Erdogan, Turkey probably still has a better future than the Gulf states. For one thing, unlike the Gulf states, Turkey is a "real" country with a very strong national identity and proud history. Secondly, from an economic point of view, Turkey is more self-sufficient than the Gulf states, less dependent on non-renewable resources as its main source of income, and much larger than Saudi Arabia and the UAE. As a result, Turkey will find it easier to influence Egypt than the Gulf states would in the coming years.
Two years ago, I predicted the emergence of a Turko-Persian alliance in the coming years. People laughed at the idea and shrugged it off because they felt that Iran and Turkey will never be able to set aside their differences on Syria. Well, today, you can see the foundations of a future Turkish-Iranian alliance being laid out across the region. Both Iran and Turkey have come together to squash Kurdish separatism as well as to benefit from each other's economies. Turkey and Iran found a common ground in their opposition to the establishment of a Kurdish state. Furthermore, the Turks want Iranian gas and oil to meet their energy demands, while the Iranians want Turkish money and gold to strengthen their economy. This economic interdependence between the Iranians and Turks has brought both nations closer to each other.
Egypt will eventually shift closer to the Turkish-Iranian bloc. Egypt will want energy from either Iran or Iraq, and foreign investment from Turkish businesses. In other words, sooner or later, Egypt will move away from the Gulf and align closer with Turkey, Iran and, to a lesser extent, Iraq.
Turkey views Egypt as a gateway into the Red Sea and Indian Ocean. A strong Turkish presence in Egypt can help faciliate the expansion of Turkey's sphere of influence southward into the Horn of Africa, which it will use as a launchpad into the open sea. For these reasons, Egypt is very important for the Turks. It's also important because there are at least 1 million Egyptian Turkmens who have historical links to Turkey.
Iran, on the other hand, views Egypt as a potential deterrent against Israel. An Iranian presence in Egypt, even if minimal, can always keep Israel at bay.
Turkey and Iran's interests in Egypt will not collide with each other. On the contrary, Iran and Turkey will more or less complement each other in Egypt. The Turks will provide the Egyptians with economic investments and military assistance, whereas the Iranians (and Iraqis) will provide the Egyptians with a continuous supply of energy and materials. Egypt will become Iran's gateway into North Africa and Turkey's gateway into the Red Sea and Indian Ocean. It's a win-win situation for all sides involved.
The Gulf states will feel threatened by these developments, of course. The Saudis view Egypt as their first line of defense against any foreign incursion into Saudi Arabia's backyard and sphere of influence. A Turkish presence in Egypt will mean a Turkish presence in the Red Sea, which will greatly alarm the Saudis. Saudi Arabia's interests in Egypt will, therefore, naturally come into collision with Turkey's interests.
For the Saudis and Emiratis, they can't afford to lose Egypt to Turkey or to the future Turkish-Iranian bloc. Interestingly, this will force the Saudis and Emiratis to over-invest in Egypt in order to keep the Egyptians away from the Turks and Iranians. But this can't last forever since the GCC states are running out of both money and energy resources.
Consequently, the Saudis and Emiratis will eventually form closer ties with Israel in order to use the Israelis as a leverage against the Egyptians. The Saudis and Emiratis will also strengthen their ties with the Kurds of the region in order to undermine both Turkish and Iranian regional goals.
Whatever the outcome may be, I think Egypt will gradually drift away from the Gulf states and align closer with Turkey and, to a lesser extent, Iran and Iraq.
Egypt will not assert itself as an independent power until it gets its own house in order and expands its economy. Only then will Egypt be able to become a regional power capable of forming its own independent foreign policies without being influenced by an outside power.
