Sina US Stock News, November 26. People familiar with the matter revealed that Abu Dhabi plans to invest no more than 1.5 billion US dollars in Saudi Aramco's IPO. After failing to attract interest from foreign fund management companies, the oil giant hopes to support this IPO deal through friendly neighboring countries.

People familiar with the matter, who requested anonymity because the information was not disclosed, said Abu Dhabi plans to invest through one or more national entities. Saudi Aramco representatives met with leaders of some of Abu Dhabi's top funds and companies this week to discuss this potential investment, according to people familiar with the matter.

People familiar with the matter said that the Abu Dhabi government has yet to make a final decision on which national entities will participate in the deal, and the exact scale of the investment may also change. Saudi Aramco and the Abu Dhabi Government Press Office did not immediately respond to requests for comment.