Sinking of 'Sea Story'
I am a lapsed diver but I have dived all over the world including in The Red Sea. I am also a Master Mariner.
It is some years since I have dived the Red Sea but there are now a large number of Live Aboards operating in the area. As a Class 1 Master Mariner I would be very reluctant to go to sea on any dive boat not registered with a reputable organisation. ie The UK, DNV, Lloyds etc. These classification societies rigorously survey ships worldwide. They check the stability and safety equipment on all passenger carrying vessels. As far as I can see, there are no visible liferafts or life saving equipment (LSA) on ANY of the vessels based in Egypt which carry passengers.
The Egyptian authorities appear to be more concerned about the potential damage to their tourist revenue than the safety of vessels operating from or registered in Egypt.
At the other end of the spectrum, the grounding of the container ship 'Ever Given' in the Suez Canal a few years ago was more an exercise in protecting the reputation and revenue of the Suez Canal Authorities than in ensuring the safety of the ship and her crew. The 'Sea Story' incident will be no different.