Results for: Africa Israel
Three Palestinian and one US-based civil society organization have urged Norway’s Ministry of Finance to reinstate a prohibition on investment by Norway’s Government Pension Fund Global in two Israeli companies – Africa Israel and Danya Cebus – due to their ongoing construction of homes in the Israeli settlement of Gilo.
The New Zealand Superannuation Fund has excluded three companies from its $20 billion investment portfolio on responsible investment grounds.
All three companies - Africa Israel investments and subsidiary Danya Cebus, Elbit Systems Ltd, and Shikun Binui - are involved in constructing Israeli settlements or a separation barrier in the Occupied Palestinian Territories, which have been deemed illegal under international law.
The stocks have now been sold.
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FOR IMMEDIATE RELEASE
June 18, 2011, New York, NY - Adalah-NY released new photos today showing that Israeli billionaire Lev Leviev’s flagship company, Africa Israel (AI), continues to build Israeli settlements, despite a November 2010 AI statement that it was not involved in settlement constructio