Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     

  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     

  • Bitcoin GBP

    50,606.86
    +1,198.32 (+2.43%)
     

  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     

  • DAX

    18,001.60
    +105.10 (+0.59%)
     

  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     
MONEY:

Best savings accounts that offer above inflation rates

Where to find a top-rated deal that works for you

Serco extends contract with Dubai Metro for up to $185 million

Reuters

(Reuters) - British outsourcing company Serco said on Monday it signed a contract to operate the Dubai Metro for another two years for up to AED 680 million (£142 million).

Under the contract with the Roads and Transport Authority (RTA), the company will maintain and operate the Red line of the Dubai Metro till September 2021. Serco first began providing its services to the Dubai Metro in 2009.

A run of recent contract wins had led the British outsourcer to raise its 2019 profit and revenue forecasts in February, marking a bright spot in a troubled outsourcing sector in Britain which is grappling with Brexit related uncertainties.

(Reporting by Pushkala Aripaka in Bengaluru; Editing by Arun Koyyur)