have been out there twice – try and go to dahab it’s much nicer, relaxed – try look for a deal in le meridian
you can dive, snorkel and kite surf up there and going out to the town for a meal is pretty relaxed – much more so than sharm, el finar, old sharm etc
re instability – egypt remains a sovereign arab country so bombs and that aside it should be safe
re sharks – go diving with uk dive schools off boats, the trouble was near middle gardens with snorkelers on the surface
have a safe and pleasant trip