No, there is not. But there is a place called Bum Bum, Pulau. The term in the question is a figure of speech indicating that a place is very remote, inaccessible or not at all where the speaker wanted to end up. It is crude and irreverant, but it is not meant as a slur or insult to anyone or any group, although it is clear that it might be taken as such. "We drove all night thinking that we were on the right route, and ended up in ...." You could easily replace the word Egypt with any country, or with any state in the US, and the meaning would be the same.
See related link for a few more unusual place names.
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A part of the Sahara called the Libyan Desert enters Egypt.
No, it's a fictional place.
The Sahara Desert.
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There is not a real place called Tree Hill NC. Its is fiction that has been made up for many years.