Foreign relations of the Soviet Union 1955, Secretary Dulles announced that the United States, together with Great Britain, was providing nearly $75 million in aid to Egypt to help in the construction of the Aswan Dam on the Nile River. In response to Nasser's increasing attacks on Western colonialism and imperialism and Egypt's continued alliance with the Soviet Union, Britain and the United States withdrew funds for the Aswan Dam in July 1956. That action drove Egypt further toward an alliance with the Soviet Union and was a contributing factor to the Suez Crisis later in 1956. Nasser responded to the aid cut by nationalizing the
Aswan Low Dam on 10 December 1902, by HRH the Duke of Connaught and Strathearn. The project was designed by Sir William Willcocks and involved several eminent engineers of the time, including Sir Benjamin Baker and Sir John Aird, whose firm, John Aird & Co., was the main contractor. Capital and financing were furnished by Ernest Cassel. The Old Aswan Dam was designed as a gravity-buttress dam; the buttress sections accommodate numerous gates, which were opened yearly to pass the flood and its nutrient-rich sediments, but without retaining any yearly storage. The dam was constructed of rubble masonry and faced with red ashlar