Join Meir Panim’s campaign to “light up” Chanukah for families in need.
Norway’s government instructed a state-run pension fund not to invest in two Israeli firms because of their activity in eastern Jerusalem.
The decision regarding the Government Pension Fund Global, or GPFG, appeared Thursday on the website of Norway’s finance ministry. It named two Israeli construction firms, Africa Israel Investments and Danya Cebus, as well as Sesa Sterlite, an Indian mining company it banned because of alleged environmental risks.
The companies had previously been excluded from GPFG, a $810 million pension fund, for settlement building in Judea and Samaria. The ban was lifted in August, but was reinstated because of the companies’ activities in eastern Jerusalem.
“On the 1st of November 2013, the Ministry of Finance received a recommendation from the Council of Ethics to exclude the companies Africa Israel Investments and Danya Cebus from the Fund due to contribution to serious violations of individual rights in war or conflict through the construction of settlements in East Jerusalem,” the announcement read.
In a statement to Reuters, Africa Israel said it abided by the laws of the countries where it operated.
“Africa Israel and its subsidiaries operate both in Israel and all over the globe promoting their business activities according to the legislation applicable in all countries where they operate,” its spokeswoman, Dalia Azar-Malimovka, told the news agency. “Therefore, we can only express regret over the decision regarding Africa Israel and other major Israeli companies.”
About the Author:
If you don't see your comment after publishing it, refresh the page.
Comments are closed.
Police must have been too busy arresting Jewish children to notice the Hamas rally on the Temple Mount today.
Reshet Bet has released their latest election poll…
12:36 PM – Army admits that a rocket actually landed in Israel in an open area. This is the first time since Operation Protective Edge that the IDF admits that a rocket landed within Israel’s territory. No injuries or damage reported. 11:46 AM A rocket alert was heard in the Eshkol region. The IDF is […]
Israelis will Celiac disease will now be allowed to join combat units.
Teenager attacked Jews on their way to holy site.
Liberman and Kachlon may merge right after elections – and the larger party will recommend Liberman for Prime Minister to the President.
A Chabad rabbinic student stabbed in “770″ has returned home from the hospital.
Arabs attacked an Israeli bus traveling between Arad and Be’er Sheva along Highway 31 Thursday evening.
The UN General Assembly approves resolution to refer N. Korea to the Intl Criminal Court at The Hague.
Israeli soldiers stand guard near large public menorah near the site where Dalia Lemkus, 26, was stabbed to death at a bus stop near the entrance to Alon Shvut last month.
US teachers are learning “3-D printing” from the Dept. of Defense.
The U.S. government has definitely linked North Korea to the cyber terror siege of Sony Pictures.
Jeb Bush announced his intention to “actively” explore the presidency in a Christmas and Hanukkah greeting message. “Merry Christmas and Happy Hanukkah!” the former Florida governor Bush said in a Facebook message posted Tuesday. He described conversations he had with his family over Thanksgiving. “As a result of these conversations and thoughtful consideration of the […]
Swastikas were found spray-painted on a Tufts University building for the third time in nearly two years. The latest swastikas were found Saturday morning on the back wall of the Lewis Hall dormitory on the Somerville, Mass., campus, Boston.com reported. In June, swastikas were found on the university’s Granoff Family Hillel Center. In April 2013, […]
The ‘homely’ ancient rock, discovered in 1993, adds evidence of King David’s existence.
Sotloff, a grandson of Holocaust survivors, made aliyah in 2005.
Jewish communities in Australia remained under lockdown as a hostage crisis continued at a café in Sydney. The Community Security Group, which handles security for the Jewish communities of Australia, raised the threat level to severe on Monday after an apparent Islamist gunman entered a café in downtown Sydney and took dozens of hostages, the […]
Anti-Semites always are around to remind Jews to be scared.
Printed from: http://www.jewishpress.com/news/breaking-news/norway-orders-divestment-from-2-israeli-firms/2014/02/01/
Scan this QR code to visit this page online: