ARENDAL: Norway’s $2 trillion sovereign wealth fund, the world’s largest, said on Tuesday it expects to divest from more Israeli companies as part of its ongoing review of investments in the country over the situation in Gaza and the West Bank. The fund announced on Monday it was terminating contracts with external asset managers handling some of its Israeli investments and has divested parts of its portfolio in the country over the worsening humanitarian crisis in Gaza.

After a review into the fund's links to the Israeli military, the arm of Norway's central bank said it's also divested from 11 of the country's firms.

The world’s largest fund has divested its stakes in 11 Israeli companies and is reviewing more.