Therefore,
War gaza, norway tsahal planes::
The assets of the Norwegian fund amount to almost 2,000 billion euros. Similarly,
Nicolai Tangen, à Oslo, Le 24 Avril 2025 (NTB / Stian Lysberg Solum)
After revelations on his participation in an Israeli manufacturer of engines equipped with fighter planes, the sovereign fund of Norway announced Monday August 11, separating from its shares in 11 Israeli companies, in the context of the war waged in Gaza by TSAhal. Consequently,
“These measures have been taken in response to extraordinary circumstances. Nevertheless, The situation in Gaza is a serious humanitarian crisis. Therefore, We are invested in companies that carry out their activities in a war gaza, norway tsahal planes: country at war. Nevertheless, and the conditions in the West Bank and Gaza have recently deteriorated, “said his chief Nicolai Tangen, quoted in a press release. Therefore,
The Norwegian sovereign fund – also known as the oil funds because it is supplied by considerable revenue from oil. In addition, gas exports from the country – has assets of some $ 1,900 billion (1,646 billion euros), with distributed investments worldwide. It is thus the most important sovereign fund in the world, before two Chinese funds which complement the podium.
The Norwegian newspaper Aftenposten revealed on June 4 that this fund had Invested in the Israeli company Bet Shemesh Engines Holdings. which manufactures parts for engines used in Israeli fighter planes. Tangen had confirmed the next day that the fund had acquired a participation in the company in 2023. an increased investment after the war gaza, norway tsahal planes: start of the Israeli offensive in Gaza.
The Norwegian Prime Minister reacted in the process. asking his Minister of Finance to contact the Central Bank of the country, Norges Bank, which manages the fund. The Ministry of Finance asked the bank to “review the implementation of the fund management mandate. its investments in Israeli companies, and propose the new measures it deems necessary,” said the bank.
“Intensified” monitoring of Israeli companies
At the end of the first half, the fund held shares in 61 Israeli companies. Among these. 11 companies did not appear in the “reference index” of the ministry, which measures the economic performance of the sovereign fund.
A decision was made last week according to which “all investments in Israeli companies which are not included in the reference index will be sold as soon as possible. ” said Norges Bank war gaza, norway tsahal planes: Investment Management in its press release.
The fund also said that it “had long paid particular attention to companies associated with wars and conflicts”. “Since 2020, we have contacted more than 60 companies to raise this question. Among these, 39 dialogues concerned the West Bank and Gaza,” he said. The monitoring of Israeli companies was intensified in the fall of 2024. “Consequently, we sold our investments in several Israeli companies,” said the sovereign fund.
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