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Norway's wealth fund ordered to review investments in Israel

The Observer

|

August 10, 2025

A global campaign to disinvest from Israel may soon win its biggest convert. Norway's sovereign wealth fund was ordered last week to consider selling its investments in Israel, which are worth some $2.1bn, after the prime minister expressed concern about possible entanglements in Gaza.

As recently as June, the Norwegian parliament voted down a divestment proposal, but the centre-left government faces a tight election in September, and pressure is growing to show more tangible support for the Palestinian people. The Boycott, Divestment and Sanctions (BDS) campaign has grown mostly in trade unions, university campuses and small charitable foundations. Claiming the world’s biggest sovereign wealth fund would be a coup - even if, as seems likeliest, i

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