[url=http://www.globes-online.com]Globes - Israel business news[/url] - on August 23 zei:
Norway Oil Fund sells Africa-Israel shares
The Norwegian government said it sold the shares due to construction activities in Jewish settlements.
23 August 10 18:40, Yael Gruntman
Norway's Ministry of Finance today announced that the Norway Oil Fund had sold its shares in Africa-Israel Investments Ltd. (TASE:AFIL; Pink Sheets:AFIVY) and its construction subsidiary Danya Cebus Ltd. (TASE : DNYA) due to their construction activities in West Bank settlements. At the end of 2009 the Norway Oil Fund, which has assets worth $450 billion, held Africa-Israel shares worth $1.16 million.
The Norwegian Oil Fund, managed by the Norwegian Central Bank, divests for ethical reasons and does not invest in companies manufacturing nuclear weapons or weapons of mass destruction or harms the environment or workers' rights.
The Norwegian Finance Ministry said, "The ethics council stresses that construction of settlements in the occupied territories violates the decision of the Geneva convention regarding defense of civilians during war time. Several decisions of the UN Security Council and the International Court of Justice have reached the conclusion that construction of Israeli settlements in the Palestinian territories is prohibited."