Egyptian Coptic Christians unload their belongings from a truck as they arrive to take refuge at the Evangelical Church in the Suez Canal city of Ismailiya on February 24, 2017.

With the world's attention focused on perennial Middle East hotspots like Iraq and Syria, foreign policy experts warn that Egypt bears watching, especially as the Trump administration struggles to craft a coherent policy to stabilize the region.

Recently, a series of violent incidents targeting Egypt's minorities has underscored what regional observers say is a fragile social fabric that could easily tear as civil strife and terrorism rear their head. As the most populous country in the Middle East, Egypt is also a longtime U.S. ally — and a strategically important nation in the region that receives more than $1 billion a year in military financing.

In April and May, bombings by the Islamic State (ISIS) targeting Coptic Christians drove home the plight of one of the oldest religious groups in the Mideast. The minority group comprises about 10 percent of Egypt's 80 million people, a number that has steadily dwindled in recent years in the face of systemic violence.

The plight of Coptics has amplified the stakes for Egypt — home to the Suez Canal, a major hub of maritime activity and more than 7 percent of the world's seafaring trade — and regional security. The country is seen fighting a war against extremism on multiple fronts, and analysts broadly agree the U.S. is key to helping to prevent Egypt from slipping into calamity.

Mirette Mabrouk, deputy director at the Atlantic Council, a U.S. think tank, told CNBC recently that a destabilized Egypt would be "disastrous for the entire region. The consequences would be horrific for the important military institutions, financial institutions and the Suez Canal."

Beset by Islamic State radicals and its own battle against the Muslim Brotherhood, the country this week extended a state of emergency that granted the government increasing authority to crack down on extremists. The measure has drawn widespread criticism from human rights activists, but some observers see Egypt's actions as necessary.

"With [a] continued police and army presence on the streets while also safeguarding institutions, landmarks, and religious sites, opportunities for terrorists to launch more attacks are significantly diminished," Sasha Toperich, senior fellow and director of the Mediterranean Basin Initiative at Johns Hopkins University's Center for Transatlantic Relations, told CNBC this week.

"I would not be surprised if the three month state of emergency extension [continues] for another three months, until terrorist threats are either minimal or entirely" contained, Toperich said, "and that takes time. Safety and security of citizens should be, after all, top priority."

In a region where security is deteriorating because of conflicts in neighboring countries, Egypt's own tenuous control over extremism matters for U.S. policy, experts warn. A destabilized Egypt could become a magnet for jihadi groups, creating new policy headaches for American objectives in the region.