Because of the saturation of the Old Dam, which was raised two times after its inauguration, it was decided to build a new dam 6 kilometers to the south. The planning began in 1954 led by Nasser, just after the Egyptian Revolution. When The United States and England refused to finance the project through the Monetary Fund, Nasser nationalized the Suez Canal, which was until that time controlled by Britain and managed by a French company. This caused the War of 56 when the United Kingdom, France and Israel attacked Egypt. The United States obliged the attackers to retreat their troops and Nasser could then use the income of the Suez Canal to finance the project.
In 1958, the Soviet Union agreed to help financing and building the Dam. Besides technical and financial support, it offered abo...
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