Deals
Abu Dhabi Said to Plan Up to $1.5 Billion Aramco IPO Investment
- Neighbor props up deal that hasn’t yet drawn foreign investors
- Saudi Crown Prince due to visit Abu Dhabi on Wednesday
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Abu Dhabi is planning to put as much as $1.5 billion into Saudi Aramco’s initial public offering, as the oil giant taps friendly neighbors to prop up a deal that’s so far failed to draw foreign investors, people with knowledge of the matter said.