The two were honoured at the fest Wednesday evening. Kapoor has produced hits like "Mr. India", "Company", "No Entry" and the recent "Wanted" among others.
Multiple National Award winning filmmaker Adoor Gopalakrishnan has to his credit movies like "Naalu Pennungal", "Swayamvaram", "Kodiyettam", "Mathilukal", "Vidheyan" and "Kathapurushan".  
Kapoor's actress-wife Sridevi and brother-in-law Sandeep Marwah were also honoured for their contribution to cinema and media at the gala event.
"I have realised that our honest and hard work will never go waste. I am excited with this world recognition at Cairo for us and for the country," Marwah said over telephone from Cairo.
Marwah is the founder and president of Asian Academy of Film and TV (AAFT) in Noida and has produced many short films.
India is a special guest of honour at the festival and around 25 Indian movies will be screened during the 11-day affair that opened with Yash Raj Films' "New York" Tuesday.
Gopalakrishnan is also heading the international jury of the fest alongside Victor Okhai and Nour El Sherif.
Anil Kapoor, who is also going to be honoured at the gala for his performance in the Oscar-winning "Slumdog Millionaire", will miss the ceremony, "as he is busy shooting for '24' in Los Angeles", said Marwah.
Irrfan Khan and model-actor Alfie Lamba are also among the stars of "Slumdog Millionare" who will be honoured at the fest.
A retrospective section is also being held where five movies of filmmaker Madhur Bhandarkar - "Chandni Bar", "Page 3", "Corporate", "Traffic Signal" and "Fashion" - will be screened.