As of 22:00 GMT Today, the first Arabic domain name registration will begin, marking an end to Latin-only domain names online.
.misr (.مصر) domains will be up for grabs to be followed soon by other Arabic domain names.
The decision by the US-based Internet Corporation for Assigned Names and Numbers (ICANN) allows the registration of domain names written entirely in Arabic, Chinese, Cyrillic and other non-Latin scripts.
This marks the dawn of a new world order in a previously English-only Internet world. Bring it on!
UPDATE: 22 Nov 2009
Unfortunately, the news turned out to be quite simpler than that. Egypt is now only applying in order to start providing .misr domains in the near future!