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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway wealth fund bans investing in 2 Israeli firms

Posted on 31 January 2014

The world’s biggest sovereign wealth fund in Norway has put two Israeli firms on its blacklist over their contribution to the construction of illegal settlements in the occupied East al-Quds (Jerusalem).
Norway’s Finance Ministry announced the decision on Thursday and named the companies as Africa Israel Investments, an Israeli real estate developer, and its construction subsidiary, Danya Cerbus. The huge sovereign wealth fund deplored the firms for “contributing to serious violation of individual rights through construction of settlements” in the occupied East al-Quds………………………………………..Full Article: Source


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