Complex sentence: Corinth was also one of the nine Greek sponsor-cities to found the colony of Naukratis in Ancient Egypt, founded to accommodate the increasing trade volume between the Greek world and pharaonic Egypt during the reign of Pharaoh Psammetichus I of the 26th dynasty.
Split into simpler sentences: Corinth was also one of the nine Greek sponsor-cities to found the colony of Naukratis in Ancient Egypt. Naucratis was founded to accommodate the increasing trade volume between the Greek world and pharaonic Egypt, during the reign of Pharaoh Psammetichus I of the 26th dynasty.