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Al Jazeera
Al Jazeera
Politics

Norway wealth fund divests from several Israeli companies due to Gaza war

The fund is an arm of Norway's central bank and is the world’s largest sovereign wealth fund [File: Ints Kalnins/Reuters]

Norway’s $2 trillion sovereign wealth fund says it is terminating all contracts with asset managers handling its Israeli investments and has divested parts of its portfolio.

The announcement on Monday came after an urgent review launched last week after media reports said the fund had built a stake in an Israeli jet engine group that provides services to Israel’s military, including the maintenance of fighter jets, as Israel’s genocidal war on Gaza and the Palestinian population rages.

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