REUTERS.COM
$2.2T wealth fund
Norway lifts the ban on investments in Syrian government bonds
SUMMARY
Norway is lifting its ban on investments in Syrian government bonds by its $2.2 trillion wealth fund, marking Syria's re-entry into global finance after Bashar al-Assad's ousting.
At the same time, the fund will prohibit investments in Iranian government bonds.
The decision supports Syrian President Ahmed al-Sharaa, who aims to rebuild state institutions and the economy following years of war and sanctions.
The Norwegian fund, which invests revenues from oil and gas, currently has no holdings in the Middle East.
Norway's choice signals support for Al-Sharaa's government, despite no immediate investments planned in Syria.
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