Norway’s sovereign wealth fund, the largest in the world, cuts ties with the Israeli army

ER Editor: See also this from Al Jazeera —

Are sovereign wealth funds dumping Israeli investments?

The Norwegian government on Tuesday said it would review its sovereign wealth fund’s investment in Israel after the Scandinavian country’s leading newspaper revealed that the nearly $2 trillion fund had a stake in an Israeli company aiding Israel’s war in Gaza.

The newspaper, Aftenposten, identified the company as the Bet Shemesh Engines Ltd (BSEL) group, which provides parts to Israeli fighter jets that are being deployed in its devastating war on Gaza.

This is worth reading in full as it details other investment reversals by other companies and countries.

Interestingly, the Norwegian Parliament didn’t approve this decision, on the contrary —

The decision came weeks after Norway’s parliament rejected a proposal for the fund to divest from all companies with activities in the occupied Palestinian territory.

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ALERT – Genocide in Gaza: Norway’s sovereign wealth fund, the largest in the world, cuts ties with the Israeli army

In a move that sounds like a rare burst of ethical awareness in the financial world, Norway’s sovereign wealth fund, the largest in the world, has announced the sale of its holdings in eleven Israeli companies. This decision, motivated by the humanitarian catastrophe in Gaza and “the fund’s moral principles,” highlights the hidden complicity that fuels the military apparatus of a state accused of flagrant human rights violations.

LE MEDIA EN 4-4-2

A belated but welcome decision

It took damning revelations about investments in a manufacturer of components for fighter jets—those instruments of death deployed without scruples by the Israeli army—for the Norwegian fund, which manages colossal assets derived from oil, to finally deign to align its practices with its supposed ethical values.

This divestment, though symbolic, exposes how “clean” capital has been able to flow into the veins of a war-mongering industry responsible for untold suffering in Gaza. One cannot help but smile bitterly at the realization that financial ethics only awaken in the wake of scandal.

Translation: Gaza: Norway’s sovereign wealth fund, the largest in the world, announced it is divesting its stakes in 11 Israeli companies following revelations about its involvement in an Israeli manufacturer of engines for fighter jets, amid the ongoing war in Gaza.

🇳🇴 Gaza : le fonds souverain de Norvège, le plus important au monde, a annoncé se séparer de ses parts dans 11 entreprises israéliennes après des révélations sur sa participation dans un fabricant israélien de moteurs équipant des avions de chasse, en pleine guerre à Gaza. pic.twitter.com/1UdWpfzlMG

— Agence France-Presse (@afpfr) August 11, 2025

Gaza: the catalyst for global awakening

The humanitarian crisis in Gaza, orchestrated with surgical precision by Israeli forces, serves as the backdrop for this Norwegian about-face, reminding us that bombs do not fall from the sky without economic accomplices.

By selling these holdings, the fund is not only washing its hands of shared guilt, but also sending a signal to other investors: tolerating occupation and abuses is no longer a viable option in a world where international solidarity is finally beginning to chip away at the bastions of impunity.

However, this isolated gesture cannot erase decades of complicit silence in the face of a regime that defies international norms with customary arrogance.

Towards increased pressure on the Jewish state

This Norwegian initiative could well inspire other sovereign wealth funds to examine their portfolios tainted by links with Israel, thereby amplifying economic pressure which, if widespread, would shake the foundations of an economy boosted by militarization.

Ironically, it is in the name of ethics that the wallet is being targeted, where appeals to reason and justice have so often failed. Let us hope that this is not just a flash in the pan, but the beginning of a well-deserved isolation for a state that persists in its destructive denial.

Source

Featured image source, Norwegian PM: https://www.aljazeera.com/news/2025/8/7/are-sovereign-wealth-funds-dumping-israeli-investments

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Published to The Liberty Beacon from EuropeReloaded.com

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