important trading centres in the world, both because it profited from the easy overland connection between the Mediterranean and Red Seas and the lucrative trade in Egyptian cotton. History Ancient era Recent radiocarbon dating of seashell fragments and lead contamination show human activity at the location during the period of the Old Kingdom (27th–21st centuries BC) and again in the period 1000–800 BC, followed by the absence of activity after that. From ancient sources it is known there existed a trading post at this location during the time of Rameses the Great for trade with Crete, but it had long been lost by the time of Alexander's arrival. A small Egyptian fishing village named Rhakotis (Egyptian: , 'That which is built up') existed since the 13th century BC in the vicinity and eventually grew into the Egyptian quarter of the city. Just east of Alexandria (where Abu Qir Bay is now), there were in ancient times marshland and several islands. As early as the 7th century BC, there existed important port cities of Canopus and Heracleion. The latter was recently rediscovered underwater. Alexandria was founded by Alexander the Great in April 331 BC as (), as one of his many city foundations. After he captured the Egyptian Satrapy from the Persians, Alexander wanted to build a large Greek city on Egypt's coast that would bear his name. He chose the site of Alexandria, envisioning the building of a causeway to the nearby island of Pharos that would generate two great natural harbours. Alexandria was intended to supersede the older Greek colony of Naucratis as a Hellenistic centre in Egypt, and to be the link between Greece and the rich Nile valley. A few months after the foundation, Alexander left Egypt and never returned to the city during his life. After Alexander's departure, his viceroy Cleomenes continued the expansion. The architect Dinocrates of Rhodes designed the city, using a Hippodamian grid plan. Following Alexander's death in 323 BC, his general Ptolemy Lagides took possession of Egypt and brought Alexander's body to Egypt with him. Ptolemy at first ruled from the old Egyptian capital of Memphis. In 322/321 BC he had Cleomenes executed. Finally, in 305 BC, Ptolemy declared himself Pharaoh as Ptolemy I Soter ("Savior") and moved his capital to Alexandria. Although Cleomenes was mainly in charge of overseeing Alexandria's early development, the and the mainland quarters seem to have been