05-08-2025
Norway Wealth Fund's Investment in Israeli Company Sparks Backlash
Reports of the Norwegian sovereign wealth fund's investments in an Israeli company linked to the war in Gaza have triggered a political squabble in the Nordic country.
Prime Minister Jonas Gahr Store, speaking on a political talk show on Tuesday, said he was 'very worried' after a report by the Aftenposten newspaper about holdings by Norway's $1.9 trillion wealth fund in Bet Shemesh Engines Holdings, which the paper said is servicing fighter jets used in the attacks in Gaza. It also prompted Finance Minister Jens Stoltenberg to pledge a follow-up of investments in Israeli companies with the fund.
