OSLO Jan 30 The Norwegian finance ministry has
instructed for the second time the Nordic country's $810 billion
wealth fund to exclude Africa Israel Investments
and its construction subsidiary Danya Cebus from its
investments, it said on Thursday.
The firms were first excluded from the fund in 2010 on the
recommendation of its ethics council as they were involved in
the building of Israeli settlements in the West Bank. The fund
was allowed again to invest in them last August.
A third company, Sesa Sterlite, India's biggest
zinc and aluminium maker and a subsidiary of Vedanta Resources
, was also excluded from the fund. The fund cannot invest
in Vedanta for ethical reasons and that now applies to its