Aswan Aswan Aswan (; ) is a city in the south of Egypt, and is the capital of the Aswan Governorate. Aswan is a busy market and tourist centre located just north of the Aswan Dams on the east bank of the Nile at the first cataract. The modern city has expanded and includes the formerly separate community on the island of Elephantine. The city is part of the UNESCO Creative Cities Network in the category of craft and folk art. "Aswan" is pronounced (. Spellings in other languages include ' ; Ancient Egyptian: '; '; '), and it was formerly
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