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.
Bank of Khartoum has applied for a branch licence and is hoping to finalise the process of obtaining it within weeks.
Any issue would be received well by investors as the emirate derives substantial support for being part of the UAE.
The facility will be used to repay debt and for general business purposes.
The Jeddah-based firm held SAR2.49 billion ($664 million) in assets under management at the end of 2013.
The Jfirm is strengthening its in-house asset management capabilities before the Saudi stock market opens up in the first half of 2015.
Aramex made a 2014 net profit of Dhs318.4 million, the company said.
The lender has earmarked to price its bond issue at 97.5 basis points over midswaps, a document showed.
The bank has picked Abu Dhabi Islamic Bank, Al Hilal Bank, Dubai Islamic Bank, Emirates NBD, HSBC, KFH Investment and Standard Chartered to arrange the sukuk sale.
The seasonally adjusted HSBC UAE Purchasing Managers’ Index fell to 58.1 points last month from 59.3 in January.
Abraaj will be the main investor in the healthcare group with $145 million, while three other investors will pitch in about $55 million.
The company made a net profit of KD10.19 million ($34.38 million) in the last quarter of 2014.
The firm slashed its profits for 2013 and the first half of 2014 by a combined $381 million, citing accounting errors.
Falling oil prices and an imminent liquidity crisis are the other top risks that UAE executives fear might impact their local operations.
Investment Minister Ashraf Salman said the aid included oil shipments, cash grants and deposits in Egypt’s central bank.
Saudi Arabia’s market lacked clear direction and was nearly flat as oil edged down towards $62 per barrel.
The accounting rules are expected to impact some companies on how and when they recognise revenues, global audit firm KPMG said.
A number of Gulf-based banks have issued, or are planning to issue, Tier 1 bonds or sukuk, including Dubai Islamic Bank and Doha Bank.
Mubarak al-Mansouri also dispelled claims that the dollar peg might hurt the UAE’s export competitiveness.
Osama al-Ayoub said the fund was going overweight on Europe because of the European Central Bank’s decision in January to use quantitative easing.
The bank’s CEO said that the lender is targeting organic growth in the country and globally.
The Islamic bond will help finance a budget deficit caused by the plunge of oil prices, Hamood Sangour al-Zadjali said.