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 that time the U.S. feared that communism would spread to the Middle East, and it saw Nasser as a natural leader of an anticommunist procapitalist Arab League. America and Britain offered to help finance construction of the High Dam, with a loan of $270 million, in return for Nasser's leadership in resolving the Arab-Israeli conflict. While opposed to communism, capitalism, and imperialism, Nasser presented himself as a tactical neutralist, and sought to work with both the U.S. and the USSR for Egyptian and Arab benefit. After a particularly criticized raid by Israel against Egyptian forces in Gaza in 1955, Nasser