Norway’s sovereign wealth fund has sold its shares in 11 Israeli companies, its managers said Monday, a move they said reduces its holdings in the country against the backdrop of the “serious humanitarian crisis” in Gaza.
The management of the fund, which invests Norway’s profits from oil and gas, said in a statement that it had investments in 61 Israeli companies at the end of the first half of this year. It said it decided last week to sell all its investments in 11 firms that are not in the Norwegian Finance Ministry’s equity…