Kuwait – Mubasher: Ahli United Bank (AUB), listed on both the Kuwaiti and Bahraini bourses, on Tuesday confirmed signing a $550 million co-financing deal to finance the expansion of Bahrain National Gas’ operations.

Last week, Bahrain News Agency (BNA) reported that a deal was signed by the bank.

There will be no substantial effects on the bank’s financial position after signing this deal, AUB added.