Welcome to Ancient Egypt! Ancient Egypt was first founded in 3500 B.C.E and early settlers were settling in the Nile River. The reason I believe that 21st century historians still study Ancient Egypt is because there are still historical sites there, including pyramids and sculptures. They can find out what happened in the time of Ancient Egypt - more than 5,000 years ago! They might even find mummified people, or people wrapped in linen cloth. Mummified people were buried below the pyramids and historians may be able to locate these 2000+ year old Egyptians, and if they locate them they can figure out who these people were and what they did for a living.