The sources said that the Palestinian and the Israeli official shold contacts to arrange for the meeting which will be the second between the two men this month.
In the meeting, Abbas and Olmert will discuss the movement of peace talks over the final-status issues such as the border, water, refugee, security and the state of Jerusalem.
They will also talk about the U.S.-backed Road Map peace plan, mainly the Israeli obligations of halting settlement activities onthe occupied Palestinian land, according to the sources.
The negotiations are aimed at reaching a deal enabling the creation of a Palestinian statehood alongside Israel. But the continuation of the settlement activities blocks the progress of the talks and makes it difficult to reach the deal before the end of this year.
On Tuesday, U.S. Secretary of State Condoleezza Rice met Abbas at his office in Ramallah where she "proposed new ideas related to the peace process," according to Nabil Abu Rdineh, the spokesman for the Palestinian presidency.
Abu Rdineh did not reveal the new offers but said "the coming weeks will be very decisive."
On Thursday, Abbas will pay an official visit to Lebanon, his office said.
