The fund's ethics council watchdog said it would continue to assess Israeli companies every quarter
Norway sovereign wealth fund to exclude six firms linked to West Bank, Gaza
The $2 trillion wealth fund did not name the companies it has decided to exclude, but said these would be made public once the divestment was completed.
Monday 18/08/2025
The fund's ethics council watchdog said it would continue to assess Israeli companies every quarter
COPENHAGEN - Norway's sovereign wealth fund, the world's largest, said on Monday it had decided to exclude six companies with connections to the West Bank and Gaza from its portfolio, following a review of its Israeli investments.
The $2 trillion wealth fund did not name the companies it had decided to exclude, but said these would be made public once the divestment was completed.
The announcement follows an urgent review launched this month after reports that the fund had built a stake in an Israeli jet engine group that provides services to Israel's armed forces, including the maintenance of fighter jets.
The fund's ethics council watchdog said it would continue to assess Israeli companies every quarter.