Bank of America, Barclays and Nomura are joint bookrunners on the stake sale, which is worth around 1.5 billion pounds.
Subscription for the initial public offering will open on April 22 and run until April 28.
The company plans to achieve its 2018 profit target through earnings growth “across our core companies, particularly those in the financial services and media sectors”.
The action allows lawyers for the conglomerate to gather the signatures of creditors in support of the deal outside the Dubai World Tribunal.
The decision looks likely to have little immediate impact on investment flows since foreign ownership limits for most stocks are far from being used up.
Trading in Amlak was halted in November 2008 as credit markets dried up and the emirate’s real estate prices began a 50 per cent tumble from their peak.
The deal has garnered more than $3 billion in orders, a document showed.
The bank has mandated HSBC and Standard Chartered as joint global coordinators for the Tier 1 bond.
The company said earlier that it had successfully placed 2 billion euros ($2.18 billion) of unsecured exchangeable bonds over shares of UniCredit.
BeIN Media Group is yet to finalise the acquisition of the satellite network.
Islamic banks will be allowed to use sharia-compliant securities other than central bank-issued Islamic certificates of deposit to borrow overnight from the central bank.
Reports will include details of credit facilities that are being used, total amount of credit taken and a firm’s track record of repayment.
Aabar said it would sell two tranches of bonds worth 750 million euros each, with an option to increase that amount by a further 250 million per tranche.
The emirate, which is issuing sukuk with an ijara structure, has garnered orders worth about $2.5 billion, an earlier document showed.
The capital-enhancing issue is a perpetual issue structured to comply Basel III norms, a statement said.
Unsecured creditors of the Dubai arm of the Espirito Santo empire will get none of the $14 million they are owed.
No specific reason was given for the findings, recorded by a PwC survey.
Italian travel retailer World Duty Free (WDF) belongs to the Benetton family.
Ras Al-Khaimah is planning a benchmark size offer, traditionally understood to mean upwards of $500 million.
The initial guidance for the senior unsecured ten-year sukuk issue is at around 100 basis points over midswaps, a document showed.
The deal consisted of a hybrid murabaha and wakala structure with a two-year lifespan.
The company made a net profit in 2014 of Dhs4.68 billion last year, up from Dhs3.30 billion in 2013.
The bulk of the financing consisted of a $800 million Islamic loan of five years duration that was provided by five Saudi banks.
Arabtec posted an unexpected Q4 loss of $25.7 million, blaming non-recurring general and administrative expenses.
Non-recurring general and administrative expenses jumped 75 per cent to Dhs749.9 million last year.
Daman Fifth caters mostly to rich individuals, family investment offices and institutional investors from within the Gulf.
Market conditions may have shifted so far in favour of euro issuance that Gulf borrowers may leave their comfort zone and start to follow a shift towards the euro.
The financing from a group of Korean institutional investors is structured as a 15-year, fixed coupon full-payout lease.
The annual general meeting of the lender gave approval for the move in accordance with Basel capital requirements.
The firm made a profit attributable to shareholders of $675 million compared with $604 million in the prior year.