My search for Egyptian hip-hop has not been too successful. I'm not sure what the word for rap is in Arabic so I've started to ask for Egyptian Eminem or 50 Cent. Apparently they've made it to Egypt. Still I've gotten some good music. It's a little hit or miss especially since nearly every song has Habibi in it, and I don't speak much more Arabic than the word Habibi.
From what I can tell/gathered from the music shops is that there are a few big names in modern Egyptian music. There is definitely an underground scene with some hip hop, but it's all in Cairo.

Mohamed Mounir - Weily

http://gnawledge.com/granadadoaba/


I'm becoming a bigger fan of world music (thank you Global Hip Hop), maybe more specifically global hip hop, but I can't say I like it more than Victor Jara

or

Still, I like the blend of hip hop and local melodies...best example I have is the Cuban group Madera Limpia and maybe David Bisbal's "Torre de Babel"

Puff Daddy - Been Around the World