I am thinking about bringing sandals (only) to Epypt, as I want to pack light.
I can climb small mountains with them, but want some advice on any cultural implications, similar perhaps to wearing shorts in Islamic Cairo.
Will I be OK, or should I have shoes? (for mosques, I could just have socks to put on with the sandals)

Are you a man or a woman? If man, no problems at all, not even in mosques, I think, if woman, I think (I'm not sure) putting socks on in mosques and very conservative parts of the country might be a good idea, but I'm not sure. I don't think this'll be a big issue.
The big fetish of arab men that sometimes strike western women as a bit odd is bare shoulders. This is the main thing to avoid. I don't think is similarily an issue, or at least, from my experience I never noticed this as a problem.

There's no problem wearing sandals in Egypt, but I wouldn't wear shorts anywhere in the country except at a beach resort. You will catch looks.
In mosques, you take your shoes off at the door, including sandals. No need to wear socks. If you're female, I would suggest carrying a small scarf you can throw on over your head when visting mosques. It's not necessary for non-Muslims, but it's a nice sign of respect.