No, Egypt is a republic since 1953. Below, the story:

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Tensions grew between the Wafd Party and the monarchy following independence, and in 1952, the army, led by Gen. Mohammed Naguib, seized power. Three days later, King Farouk abdicated in favor of his infant son. The monarchy was abolished and a republic proclaimed on June 18, 1953, with Naguib becoming president and prime minister. He relinquished the prime ministership in 1954 to Gamal Abdel Nasser, leader of the ruling military junta. Nasser also assumed the presidency in 1956.

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