Yes that is the Logic, If the Greeks in the Empire doesn't try mad action.. they enjoy the benefits of the Empire, and i critice you than the Ottoman Empire is in Last Legs.. that was before the War, know they are damage but with the National Spirit in high, and that is vital for a State.
In the Future when the Oil in Founded in all of Mesopotamia Pluss the Arabs protectorate... the Empire will benefit of that(more The German Companies who gonna have the Explotation Rights)
Well, actually, the Turks weren't on their last legs before the war. They were more or less fine, it wasn't until the British started the Arab Rebellion that things started to fall apart. ITTL it seems the British didn't do that, so the Ottomans are going to be more stable. After they find oil, I can picture the Germans owning a lot of the companies (as you rightly said).
But Egypt...firmly in the British sphere, as Sa'id said. I can imagine Cyprus becoming a Turkish protectorate if anything, but I don't understand why anyone thinks they can directly annex anything at all. They weren't in a war of conquest.
As for the USCA, I don't hate it, but where the hell did it come from??