The old Egyptian Military is part of history. The new military with F-16s, M-1s, etc. come with the American "training regiment!" Poor performances in previous conflicts came about because they accepted the Soviet system, and they did not train their people well. When a country gets American Military equipment, a training regiment up to a certain level is required.
When a country gets on America's bad side (Iran, Venezuela, etc.) training and maintenance support is withdrawn. Parts and all sorts of support will have to come from countries that also have US equipment, "if" the US does not prohibit the distribution.
So, don't depend on poorly from the Egyptians troops as part of this equation. As for the match-up between the two tanks, their crew survival is very good. If maneuvering is part of the equation, the edge goes conclusively to the M-1.