A decision will be taken after officials meet with Filipovic, former United States coach Bob Bradley and Francisco Maturana.
They will all be separately interviewed by a trio of officials, including Egypt Football Association president Samir Zaher and FIFA executive committee member Hany Abo Rida, before a recommendation is made to the association’s board which will take a final decision this month.
Filpovic was fired by Arrows just six games from the end of the season as the club slipped out of the top eight places after a good start to last season.
The 58-year-old is a former striker with Red Star Belgrade, Benfica and Yugoslavia. He was the first coach of Montenegro after their independence in 2007.
Bradley was fired last month as the United States coach after nearly five years on the job, including taking the team to the Confederation Cup final in 2009. They beat Egypt 3-0 in South Africa on their way to the deciding match.
Maturana made his name as coach of his native Colombia at the 1990 and 1994 World Cup and won the Copa Libertadores with Atletico Nacional in 1989. He has been technical director of the Colombian federation since March.
Egypt have been without a coach since firing Hassan Shehata, who won a record three successive African Nations Cup titles for Egypt. He left in June after a home draw with South Africa left Egypt likely to miss out on defending their title at the 2012 finals.
The new coach will be tasked with qualifying Egypt for the 2014 World Cup finals, which they have consistently missed out on since the 1990 tournament in Italy despite their all conquering record in African football.