Norway's Wealth Fund Divests From 11 of 61 Stakes in Israeli Companies

https://truthout.org/articles/norways-wealth-fund-divests-from-11-of-61-stakes-in-israeli-companies/

Norway’s Wealth Fund Divests From 11 of 61 Stakes in Israeli Companies

Norway’s top newspaper revealed last week that the fund is invested in an Israeli jet parts provider.

By Sharon Zhang , TRUTHOUT
Published August 11, 2025

Norway’s sovereign wealth fund, the largest in the world, has divested from some Israeli companies after a newspaper uncovered the fund’s stake in an Israeli jet engine firm that provides parts for Israel’s military.

The $2 trillion fund, owned by Norway’s government, announced on Monday that it has sold out its investments in 11 of 61 Israeli companies as of the first half of 2025. It also said that the fund itself will now manage its investments in Israeli companies and terminate contracts with external managers in Israel.

As of the end of last year, the fund had shares in 65 Israeli companies, worth about $2 billion. The fund said that the sale of the stakes was in response to the “extraordinary circumstances” in Gaza and the occupied West Bank. Other investments in Israeli companies are under review, the fund said.

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