Advertisement

Norway’s historic decision ends billions of dollars in investment in Israel

Under this decision, several foreign investment projects, including 11 Israeli companies, will be closed

Farhan Akhtar, Daily Dawn, Dawn TV Report

OSLO: Norway’s $2 trillion sovereign wealth fund has announced the termination of all foreign investment agreements with Israel.

Under this decision, several foreign investment projects, including 11 Israeli companies, will be closed.

According to reports, the fund had also invested in an Israeli jet engine group that repairs fighter jets and provides various services to the Israeli Air Force.

The fund’s management has made it clear that now investment in Israel will be limited to a few specific companies listed on the stock market.

Leave a Reply

Your email address will not be published. Required fields are marked *