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 support. Although Dulles believed that Nasser was only bluffing and that the USSR would not aid Nasser, he was wrong— the USSR promised Nasser a quantity of arms in exchange for a deferred payment of Egyptian grain and cotton. On 27 September 1955, Nasser announced an arms deal, with Czechoslovakia acting as a middleman for the Soviet support. Instead of attacking Nasser for turning to the Soviets, Dulles sought to improve relations with him. This explains the later offer of December 1955, in which the U.S. and Britain pledged $56 and $14 million respectively towards the construction of the dam.