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Sovereign wealth fund rules out pumping gas profits back into fossil fuel industry

A sovereign wealth fund set up by Israel for proceeds from offshore gas extraction will not invest the money back into oil and gas companies, the official in charge of…

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After lengthy delay, Israel’s sovereign wealth fund to begin June 1

JERUSALEM, May 30 (Reuters) - Israel's long-delayed sovereign wealth fund can start operating on June 1 now that taxes on profits from natural gas and other resources have passed the…

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