AMWatch

Oil fund drops firms linked to West Bank settlements

The ethics council for the fund has also excluded a Japanese company over its presence in Myanmar.
Israeli air strikes pounded the Gaza Strip, killing 10 members of an extended family and demolishing a key media building, while Palestinian militants launched rockets in return amid violence in the West Bank. | Photo: MAHMUD HAMS/AFP / AFP
Israeli air strikes pounded the Gaza Strip, killing 10 members of an extended family and demolishing a key media building, while Palestinian militants launched rockets in return amid violence in the West Bank. | Photo: MAHMUD HAMS/AFP / AFP
BY LARS ERIK TARALDSEN/ BLOOMBERG

Norway's USD 1.3trn sovereign wealth fund excluded Shapir Engineering and Industry and Mivne Real Estate KD for their activities associated with Israeli settlements on the West Bank.

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