Aswan Dam dam near Aswan was in the 11th century, when the Arab polymath and engineer Ibn al-Haytham (known as "Alhazen" in the West) was summoned to Egypt by the Fatimid Caliph, Al-Hakim bi-Amr Allah, to regulate the flooding of the Nile, a task requiring an early attempt at an Aswan Dam. His field work convinced him of the impracticality of this scheme. The British began construction of the first dam across the Nile in 1898. Construction lasted until 1902, and the dam was opened on 10 December 1902. The project was designed by Sir William Willcocks and involved several eminent engineers,
Aswan Dam exchange rate in 1970 of $2.30 per E£1): £140 million from agricultural production, £100 million from hydroelectric generation, £10 million from flood protection, and £5 million from improved navigation. At the time of its construction, total cost, including unspecified "subsidiary projects" and the extension of electric power lines, amounted to £450 million. Not taking into account the negative environmental and social effects of the dam, its costs are thus estimated to have been recovered within only two years. One observer notes: "The impacts of the Aswan High Dam (...) have been overwhelmingly positive. Although the Dam has contributed to some