Ancient Egyptians were Caucasoid

Modern studies on ancient egyptian dentition clusters them with Caucasoids (Europeans, Western Asians) who have small teeth, as opposed to Negroids (Western Sub-Saharan Africans) who have megadont/large teeth.

Sources:

 Irish J.D. (1998). "Diachronic and synchronic dental trait affinities of late and post-pleistocene peoples from North Africa". Homo. 49(2) 138-155 
 Hanihara T and Ishida H. (2005). "Metric dental variation of major human populations". American Journal of Physical Anthropology, Vol. 128. Issue 2. pp. 287-298.