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

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.