Aswan is the ancient city of Swenet, which in antiquity was the frontier town of Ancient Egypt to the south. Because the Egyptians oriented toward the south, Swenet was the first town in the country, and Egypt always was conceived to open or begin at Swenet. It stood upon a peninsula on the right (east) bank of the Nile, immediately below (north of) the first cataract of the flowing waters, which extend to it from Philae.
Swenet is supposed to have derived its name from an Egyptian goddess with the same name, the Eileithyia of the Greeks, Ilithya of the Romans, and of which the import is the opener. The ancient name of the city also is said to be derived from the Egyptian word for trade