Norway wealth fund divests from Caterpillar, 5 Israeli banks over Gaza 'rights violations'

August 26, 2025

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1 min read

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The Times of Israel

Prior to move, the $2 trillion fund held 1.17% stake in construction firm whose equipment is used by IDF, while stakes at 5 banks were valued at a combined $661 million

Norway’s $2 trillion wealth fund, the world’s largest, said on Monday it has divested from US construction equipment group Caterpillar as well as five Israeli banking groups on ethics grounds. The five banks are Hapoalim, Bank Leumi, Mizrahi Tefahot ... [3136 chars]

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Source: The Times of Israel

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