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Middle East tensions shake Nairobi Securities Exchange

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NTV Kenya (Youtube)
March 5, 2026
1mo ago
The Nairobi Securities Exchange is feeling the heat of the escalating tensions in the Middle East. Over the last four days, the bourse has shed over 132 billion shillings in valuation as local investors move to safety. Subscribe to NTV Kenya channel for latest Kenyan news today

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Kenyans Evacuated from Middle East Amid Iran-Related War Tensions - March 2026

Hundreds of Kenyans have been repatriated to Kenya after being stranded in the United Arab Emirates due to escalating Iran-related war tensions. The evacuation comes as an airstrike reportedly struck a children's playground and emergency building in Shiraz, Iran, causing 20 deaths and 30 injuries. Simultaneously, the Kenyan government is considering utilizing the petroleum development levy to fund a potential fuel subsidy if Middle East unrest continues to impact global prices. The escalating tensions in the Middle East are significantly impacting the Nairobi Securities Exchange, causing a substantial drop in its market valuation. Kenya faces significant economic risks if the conflict between the United States and Iran escalates, with a primary concern being a potential surge in oil prices.

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