From Wikipedia
The Roman province of Egypt (Aegyptus) was established in 30 BC after Octavian (the future emperor Augustus) defeated his rival Mark Antony, deposed his lover Queen Cleopatra VII and annexed the Ptolemaic kingdom of Egypt to the Roman Empire. The province encompassed most of modern-day Egypt except for the Sinai Peninsula. Aegyptus was bordered by the provinces of Creta et Cyrenaica to the West and Judaea (later Arabia Petraea) to the East. Egypt would come to serve as a major producer of grain for the empire.
The first prefect of Aegyptus, Gaius Cornelius Gallus, brought Upper Egypt under Roman control by force of arms, established a protectorate over the southern frontier district, which had been abandoned by the later Ptolemies. The second prefect, Aelius Gallus, made an unsuccessful expedition to conquer Arabia Petraea and even Arabia Felix; however, the Red Sea coast of Egypt was not brought under Roman control until the reign of Claudius. The third prefect, Gaius Petronius, cleared the neglected canals for irrigation, stimulating a revival of agriculture.
From the reign of Nero onward, Aegyptus enjoyed an era of prosperity which lasted a century. Much trouble was caused by religious conflicts between the Greeks and the Jews, particularly in Alexandria, which after the destruction of Jerusalem in 70 became the world centre of Jewish religion and culture. Under Trajan a Jewish revolt occurred, resulting in the suppression of the Jews of Alexandria and the loss of all their privileges, although they soon returned. Hadrian, who twice visited Aegyptus, founded Antinoöpolis in memory of his drowned lover Antinous. From his reign onward buildings in the Greco-Roman style were erected throughout the country.
Under Antoninus Pius, however, oppressive taxation led to a revolt in 139, of the native Egyptians, which was suppressed only after several years of fighting. This Bucolic War, led by one Isidorus, caused great damage to the economy and marked the beginning of Aegyptus's economic decline. Avidius Cassius, who led the Roman forces in the war, declared himself emperor in 175, and was acknowledged by the armies of Syria and Aegyptus. On the approach of Marcus Aurelius, however, he was deposed and killed and the clemency of the emperor restored peace. A similar revolt broke out in 193, when Pescennius Niger was proclaimed emperor on the death of Pertinax. The Emperor Septimius Severus gave a constitution to Alexandria and the provincial capitals in 202.
Caracalla (211-217) granted Roman citizenship to all Egyptians, in common with the other provincials, but this was mainly to extort more taxes, which grew increasingly onerous as the needs of the emperors for more revenue grew more desperate.

Funerary masks uncovered in Fayoum, 1st century