Hassan II Mosque in building and beautifying the mosque. However, the building was not completed on schedule which delayed inauguration. The formal inauguration was subsequently chosen to be the 11th Rabi' al-awwal of the year 1414 of the Hegira, corresponding to 30 August 1993, which also marked the eve of the anniversary of Prophet Muhammad’s birth. It was dedicated to the Sovereign of Morocco. Construction costs, estimated to be about 585 million euro, were an issue of debate in Morocco, a lower mid-income country. While Hassan wished to build a mosque which would be second in size only to the mosque at Mecca,
Ascend Group launched Ascend Nano in April 2016. It includes a nanofinance and microcredit structure, designed to serve the entrepreneurial grassroots, SMEs and the underserved market. This will be in conjunction with Ascend's portfolio of e-commerce services, as an instant market and marketplace, and includes Nano Factoring to customize lending premium. Ascend Group launched Ascend Capital as a platform for venture capital, investing on tech start-ups that can complement existing ventures and services. Focused mainly on financial technology, e-commerce, CRM, cloud computing and logistics, it actively funds prospects such as SendIt (which is actually party of Ascend Group) to complement its delivery