1. It probably doesn’t help Hosni Mubarak, in his struggle to stay in power, for Egyptians to know that the Israeli government wants him to stay in power.
2. It certainly doesn’t help Israel, in its long-term goal of not being hated by all its neighbors, to be known as a supporter of the Egyptian and Saudi kleptocracies.
This would have been a good opportunity for the Israeli Foreign Ministry to STFU. But, since the death of Rabin, Israeli foreign policy has never missed an opportunity to miss an opportunity.