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Sources told Yemen Youth Net: A number of banks are close to completing the transfer of their headquarters from Sana'a to Aden.

Economy| 13 March, 2025 - 9:25 PM

Yemen Youth Net - Exclusive

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On March 4, the US State Department announced its decision to designate the Houthi group in Yemen as a "foreign terrorist organization," following US President Donald Trump's call for such a move earlier this year.

In January, Trump placed the Houthi movement back on the list of foreign terrorist organizations, a change that could lead to tougher economic sanctions in response to its attacks on commercial shipping in the Red Sea and against US warships defending that vital maritime area.

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