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This article was originally published by the Italian Institute for International Political Studies (ISPI). Conflict in Yemen over the past two decades, including the war since 2015, has been dominated by parties with ideologies rooted in religion. Religious ideologies play a key role in the policies adopted by these movements toward the recruitment of fighters into their ranks. There are…

The final months of 2024 – bookended by the assassination of Lebanese Hezbollah leader Hassan Nasrallah in late September and the announcement of a Gaza ceasefire in January 2025 – were undoubtedly a period of redefinition for Houthi military leadership, as the group once again shifted its strategy in targeting Israel, the United States, and their strategic interests in the…

Since 2022, the Southern Transitional Council (STC) has been at the forefront of efforts to regroup UAE-backed forces in Yemen, including those that operate under its own banner. These efforts have accelerated in recent months, involving the appointment of new officials and increased cooperation with other UAE-backed actors in Yemen. There are three reasons for this campaign: to build a…

The ongoing economic conflict in Yemen escalated to include a fierce struggle between its bifurcated central bank for control over the nation's fractured monetary system and financial institutions. On June 26, the Central Bank of Yemen in Aden (CBY-Aden) issued a new directive, effectively banning banks and exchange outlets from working with unlicensed electronic payment companies. This move specifically targeted…

Yemen's microfinance sector is undergoing a radical transformation. Despite initial success in empowering small businesses, the ongoing conflict has exposed deep vulnerabilities. Competition between the fractured central banks has driven a surge in microfinance bank (MFB) licenses. While this promises to expand financial inclusion, it raises serious concerns about long-term sustainability and financial stability. Several other factors are driving the…

The prevalence of child soldiers fighting in Yemen’s war has become common knowledge as Houthi (Ansar Allah) forces continue to publicly recruit and deploy children in military operations. Other armed groups in Yemen also recruit minors, although on a smaller scale and in a less public manner. In order to understand what accounts for that disparity and other aspects of…

In assessing the situation in the Red Sea and Gulf of Aden in early April, one might have said Operations Prosperity Guardian and Aspides, the US- and EU-led coalitions tasked with defending the seas from Houthi attacks on commercial vessels, were achieving their declared goals. Attacks on ships were down, and Pentagon officials even speculated that the Houthis could be…

In April 2023, a Saudi delegation was invited to visit the Houthi-held capital of Sana’a. Over the next couple of days, the media arm of the Houthi group (Ansar Allah) distributed a series of photographs to international and local media outlets featuring Mahdi al-Mashat, head of the Houthi Supreme Political Council, smiling warmly in a stately reception hall and shaking…

The political situation in Yemen has been completely upended by the regional and domestic fallout wrought by Houthi attacks on maritime shipping and the conflict in Gaza. Peace talks between Saudi Arabia and the Houthi group (Ansar Allah) are now on hold indefinitely, and the future of a seemingly imminent deal is now unclear. Attacks on vessels transiting the Red…