Pro-government fighters in Bayhan district of Shabwa province in December 2017 after recapturing the area from Houthi rebels. EPA
Pro-government fighters in Bayhan district of Shabwa province in December 2017 after recapturing the area from Houthi rebels. EPA
Pro-government fighters in Bayhan district of Shabwa province in December 2017 after recapturing the area from Houthi rebels. EPA
Pro-government fighters in Bayhan district of Shabwa province in December 2017 after recapturing the area from Houthi rebels. EPA

Houthi rebels suffer 'big losses' in battles in southern Yemen


Ali Mahmood
  • English
  • Arabic

Fighters under the command of Yemen's Southern Transitional Council inflicted "big losses" on the Iran-backed Houthi rebels while recapturing more areas of the oil-rich Shabwa province on Wednesday, a spokesman said.

Al Amalika Southern Forces, backed by the Arab coalition supporting the government, regained control of a military base and other areas between Usaylan and Bayhan districts in Shabwa, Aseel Al Sakladi, the head of Al Amalika media centre, told The National.

On Wednesday, our forces advanced in territory held by the Houthi rebels in western Shabwa, they recaptured the Infantry Brigade 163 base and took full control over Al Suleim and Al Safra areas, killing more than 40 rebels and seizing weapons and military equipment,“ Mr Al Sakladi said.

On Tuesday, Al Amalika fighters seized Al Noqub city in Usaylan and heavily shelled Houthi positions to the west, paving the way for troops to advance towards Bayhan district and the neighbouring rebel-held province of Al Bayda.

“The Houthi militia have been suffering big losses in the recent battles in Shabwa," Mr Al Sakladi said. The rebels left behind dozens of slain comrades in Al Noqub, he said.

The Arab coalition led by Saudi Arabia carried out at least 36 air strikes on the rebels in western Shabwa on Wednesday, including one that killed the Houthi deputy governor of Shabwa, Ahmed Al Hamza, as he fled the area with other high-ranking rebels, residents of Bayhan told The National.

They said the Houthi-appointed governors of Lahj province, Ahmed Jareeb, and of Al Mahrah province, Al Qatabi Al Faraji, were injured in the strike.

“A precise air strike struck their convoy on Al Kanda road as they were heading towards Sanaa,“ a resident said.

He said the rebels had begun abandoning their positions in Bayhan, fearing more strikes by coalition warplanes.

“They left the military base of the 19th Brigade in the centre of Bayhan. People were seen looting food supplies left behind by the Houthis.“

Another resident of Bayhan, Adeeb Al Abed, said the rebels on Tuesday rounded up dozens of civilians to use as hostages in any prisoner swap with the southern forces.

“They abducted passers-by from the roads and streets in Bayhan city without giving any reason, but we know that they took these people just to trade them for rebels captured by Al Amalika in Usaylan,” he said.

The territory retaken by the southern forces in Shabwa this week is a significant gain in the war against the Iran-backed rebels, who hold much of Yemen's north. It prevents the Houthis from controlling oil fields in Shabwa while setting the stage for military operations against the rebels in Al Bayda and in Marib, the province to the north where the rebels are laying siege to the government's last major northern stronghold.

Analysts say the victories could force the Houthis to return to UN-mediated talks to end the war, which began in late 2014 when the rebels overran the capital, Sanaa, and forced the internationally recognised government to flee.

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Install an air filter in your home.

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How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal. 

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.” 

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.

Updated: January 06, 2022, 11:18 AM