Sana'a Banks Shift to Aden Amid US Sanctions on Houthis

Sana'a Banks Shift to Aden Amid US Sanctions on Houthis

Banks operating in Houthi-controlled Sana'a are relocating their headquarters to Aden to avoid stringent U.S. sanctions imposed on the group, the Central Bank of Yemen announced Friday. The bank, based in Aden, welcomed the decision and pledged support for the institutions to ensure uninter...