Aldar, Sorouh Consider $15 Billion Abu Dhabi-Backed Merger

Aldar, Sorouh Consider $15 Billion Abu Dhabi-Backed Merger

Matilde Gattoni/Bloomberg

The Souk development by Aldar Properties PJSC stands under construction in Abu Dhabi on Dec. 4, 2009. Aldar, which is building thousands of homes and offices in Abu Dhabi, received $9.8 billion in government support last year and the company sold assets including a Ferrari theme park to the state.