Aramco officials have held investment talks with Kuwait and UAE, each of which have large sovereign funds totaling about $1.3 trillion in assets. The Abu Dhabi Investment Authority (ADIA) is considering investing at least $1 billion, with a final decision on the amount yet to be approved. The Kuwait Investment Authority (KIA) also has plans to invest in the IPO, although the size of their commitment is also unclear. Saudi Arabia aims to sell a 1.5% stake in Aramco, valuing the company at $1.6 trillion to $1.7 trillion, a lower valuation than the $2 trillion target initially sought. These investments from its Gulf neighbors would help Riyadh as it strives to raise $25.6 billion from a domestic listing of the state-owned oil giant.