A deal from the emirate is expected before the end of April, three sources told Reuters earlier this month.
The bond will be Mubadala GE Capital’s first since it completed a debut transaction in November worth $500 million.
The Islamic bond will be of benchmark size, which is traditionally understood to mean upwards of $500 million.
The flotation is expected to happen in the second half of the year on one of Dubai’s two stock markets.
Takween in December agreed to buy the packaging unit of the region’s largest food firm Savola Group for SAR910 million.
The Riyadh-based firm currently manages about $8 billion in assets, largely in equities-related areas.
Amlak’s net profit attributable to equity holders rose to Dhs58.9 million ($16 million) in 2014 from Dhs48.2 million a year earlier.
The listing of family-owned businesses has been a key aim of bourses across the Gulf region, including Oman.
The changes are contained in a financial system law issued on Tuesday by the emir, Sheikh Tamim bin Hamad al-Thani.
The country’s upgrade to emerging market status last year helped to increase average daily turnover by 160 per cent, a senior official said.
The bond was priced at a spread of 110 basis points over midswaps and carried a profit rate of 2.843 per cent, the document said.
The bank did not explain the reasoning behind the recommendation, but said it would increase its bonus share issue to 15 per cent from 10 per cent.
OPEC decided at its last meeting in November to keep production unchanged, rather than cutting it to support sliding oil prices.
The board also proposed a five per cent bonus share issue for 2014.
Average salaries in Saudi Arabia rose seven per cent to reach $12,978.3 per month in the Gulf Business 2015 Salary Survey.
Abanmai has previously served in several executive posts at SABIC and its affiliates, a bourse filing said.
Safco will raise its capital from SAR3.33 billion to SAR4.16 billion ($888 million-$1.11 billion), according to a filing on the bourse website.
A report by a state audit body alleged BD400 million of public funds had been wasted by government departments and state-linked firms.
Trading on the Cairo stock market is expected to begin on Wednesday, the company’s chief executive said.
The builder announced it November it planned a SAR500 million rights issue to help expand its business.
Saudi contractor Mohammed Al Mojil Group has not traded on the Saudi bourse since July 2012.
The firm will ask creditors to amend the terms of its $2.3 billion restructuring deal originally signed in 2012, sources said.
The National Audit Court (NAC) produced the figure in its 2013/14 report, a local daily reported.
Brent crude slid 1.2 per cent to $59.73 a barrel on Friday and posted its biggest weekly loss since January.
The lender said it had revised its proposed cash payout to four per cent from six per cent.
The loan could be worth around $2 billion and enable the EU member to refinance debt.
The Saudi telecoms operator’s stock had been suspended for a week until Thursday.
The sale of the bonds will take place no later than June 30.
Abu Dhabi-owned Falcon said that it will be open to deals in core markets such as the Gulf, Eastern Europe, Africa and South East Asia.
The lender has picked six banks to arrange investor meetings across Europe starting Monday.