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Norway Pulls Out of Israel

CrossFireArabia
Uncategorized
December 4, 2024

Norway’s sovereign wealth fund, the world’s largest, has sold all its shares in Israel’s Bezeq (BEZQ.TA), which provides telecoms services to the Israeli settlements in the occupied West Bank, it said late on Tuesday. The decision to divest comes after the fund’s ethics watchdog, the Council on Ethics, adopted a new, tougher interpretation of ethics standards for businesses that aid Israel’s operations in the occupied Palestinian territories.

CrossFireArabia

Dr. Marwan Asmar holds a PhD from Leeds University and is a freelance writer specializing on the Middle East. He has worked as a journalist since the early 1990s in Jordan and the Gulf countries, and been widely published, including at Albawaba, Gulf News, Al Ghad, World Press Review and others.