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هذه الصفحة غير متوفرة باللغة العربية وهي معروضة باللغة English

المقال

31 أكتوبر 2024

الكاتب:
Sondos Asem, Middle East Eye

Israel/OPT: Barclays offloads all shares in Israeli arms company Elbit Systems following direct action from Palestine Action

"Barclays sells all shares in Israeli weapons firm Elbit amid pro-Palestinian pressure", 31 October 2024

British banking giant Barclays has sold all of its investment shareholdings in Israel’s largest weapons company Elbit Systems Ltd...

According to Palestine Action, a British activist group that has been protesting against the bank's investments in Israel, Barclays has until recently owned over 16,000 shares in Elbit Systems...

In the latest US Securities and Exchange Commission (SEC) filings, Barclays owned zero shares in Elbit Systems Ltd (ELST), down 16,345 since the previous filing, dated 15 May 2024, worth over $3.4m...

A Barclays spokesperson denied that the company has been a shareholder in Elbit Systems as such...

"We continue provide a range of financial services to the defence sector, including US, UK and European defence companies.”..

Palestine Action has undertaken 54 protest actions across the UK against Barclays over the past 12 months, including smashing windows of the bank's branches and spraying them in red paint...

The group said its actions sought to raise the costs associated with dealing with Elbit, which it said was a major contributor in genocidal acts against Palestinians in Gaza since Israel's war on the enclave began last October...

In May, several Palestinian solidarity organisations published a report saying that Barclays has £2bn of investments in companies involved in supplying arms to Israel...

The list of firms in which the financial giant is reported to have interests includes General Dynamics, a US arms firm that produces components for warplanes. Other firms include BAE Systems and Raytheon.

In response to the report, Barclays said it provides services to American, British and European companies “that supply defence products to Nato and its allies”.

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