Search Site

Trends banner

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Norway to label products made in Israeli settlements

Palestinian protesters use slingshots to hurl rocks at Israeli security forces amid clashes following a demonstration against settlements in the occupied West Bank. (AFP File)
  • Foreign Minister Anniken Huitfeldt stressed in an interview with Norwegian news agency NTB that this in no way constituted a boycott of Israel
  • Norway said that the principle behind its decision, as set out in the 2019 ruling, is that consumers should not be deceived by misleading labeling on the origin or products

Israel on Saturday condemned Norway’s decision to label products from Israeli settlements with their place of origin.

A statement from Israel’s foreign ministry said the position “will adversely affect bilateral relations between Israel and Norway, as well as Norway’s relevance to promoting relations between Israel and the Palestinians”.

The ministry was referring to Norway’s longstanding role as a mediator in the Israeli-Palestinian conflict.

Norway’s social democrat government announced its new policy on Friday, saying it was not enough to label products coming from the occupied territories as Israeli.

The measure mainly concerns imports of wine, olive oil, fruits and vegetables, and will apply to products from the occupied West Bank “including East Jerusalem” and occupied areas of the Golan Heights, Oslo said.

Foreign Minister Anniken Huitfeldt stressed in an interview with Norwegian news agency NTB that this in no way constituted a boycott of Israel.

“Norway has good relations with Israel,” she added. “That must continue.”

The European Commission recommended its member states follow this practice in 2015, a decision confirmed by the European Court of Justice in 2019.

Norway said that the principle behind its decision, as set out in the 2019 ruling, is that consumers should not be deceived by misleading labeling on the origin or products.

During the Trump administration, the United States announced that goods made in Israeli settlements in the occupied territories could be labelled Israeli.

The settlements in the occupied territories are illegal under international law, but have continued under successive Israeli governments since 1967.