Egypt doesn't appear to be on the list of countries with xbox live, however a google search suggests that people are able to access it. Some aspects of xbox live are region locked though, so you may miss out on some arcade games and features.
ALSO
I would suggest that you make sure that silver membership works correctly, maybe try using a trial gold card first, before buying any points/memberships.
You can recover the gamertag from xbox live, transfer it from the other console using a memory card or use a new gamertag. It depends whether you care about achievements really.
I wouldn't worry, unless it keeps happening. If it does then you might want to find a lens cleaner or (if your 360 is in the 1yr warranty) send it to MSFT for repairs
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