Houthi soldiers survey the damage after US air strikes in Sanaa, Yemen. EPA
Houthi soldiers survey the damage after US air strikes in Sanaa, Yemen. EPA
Houthi soldiers survey the damage after US air strikes in Sanaa, Yemen. EPA
Houthi soldiers survey the damage after US air strikes in Sanaa, Yemen. EPA

US strikes on Yemen will neither defeat Houthis nor stop Red Sea attacks, experts say


Mina Aldroubi
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  • Arabic

US air strikes on Yemen’s Houthis will not defeat the rebels nor deter them from attacking shipping in the Red Sea; instead a diplomatic push is needed, experts have told The National.

Washington has launched strikes on the Iran-backed rebels since mid-March, after they threatened to resume their attacks on international ships and Israel. US President Donald Trump vowed to “annihilate” the group, which says the strikes will not limit its capability.

“The US strikes by themselves cannot defeat the Houthis,” Baraa Shiban, a Yemen expert and associate fellow at the Rusi defence and security think tank, told The National. “The Houthis control a vast territory that enables them to absorb the damage. Like any other war, without ground operations, air strikes cannot guarantee you a victory.

“The US needs to work with its Yemeni allies [the internationally recognised government] – the Yemenis who gain the most out of defeating the Houthis.

“The Houthis are obsessed with territory and so far they are not losing territory. Until they start losing territory, the impact will always be limited,” Mr Shiban said. “Similar to Hezbollah, they will be heavily damaged if they start losing their command structure. This is the backbone of the group and what enables them to continue their operations despite the many challenges they face.

A Houthi fighter stands in front of a billboard in Sanaa showing the Yemeni rebel group's leader, Abdul Malik Al Houthi. EPA
A Houthi fighter stands in front of a billboard in Sanaa showing the Yemeni rebel group's leader, Abdul Malik Al Houthi. EPA

The rebels began targeting ships in the Red Sea in November 2023, a month after the start of the Israel-Gaza war, claiming solidarity with the Palestinians. The attacks continued despite the US and the EU deploying naval forces in the area, but halted after a ceasefire between Israel and the Palestinian militant group Hamas went into effect on January 19.

Thomas Juneau, a Middle East analyst and professor at the University of Ottawa in Canada, said a diplomatic push alongside the air campaign was needed to stop the Houthi threat.

“As long as there is no viable, unified anti-Houthi front in Yemen, the Houthis will continue to dominate domestically and pose a threat regionally,” Mr Junea told The National.

Houthi military capabilities

The US strikes have focused on military installations and equipment, as well as draining Houthi resources, but the group has consistently demonstrated its ability to adapt and recover during the past decade of civil war.

“Houthi military installations and assets are scattered throughout the country, often in mountainous or urban areas, and have been designed to be able to withstand air attacks by a more militarily powerful adversary,” Mr Junea said.

Although the latest US strikes will cause more material damage compared to the limited strikes under the previous administration, of President Joe Biden, it will not be enough, he said.

Houthi supporters attending a rally in Sanaa on Friday. EPA
Houthi supporters attending a rally in Sanaa on Friday. EPA

Sanam Vakil, director of the Middle East programme at London's Chatham House, pointed out that the Houthis operate in mountainous terrain and have also built underground capabilities, saying: “It will be very difficult to target everyone and everything.”

Moreover, years of conflict “have emboldened rather than weakened the Houthis and at this point they have nothing to lose”, Ms Vakil told The National.

“It is likely that their military capabilities will be damaged and some operations will be disrupted. There is a scenario where they lay low for a while and recoup and consider new tactics,” she said.

Alternative methods

Afrah Nasser, a non-resident fellow at the Arab Centre in Washington, said military force alone was not enough when dealing with the Houthis, and the US administration should recognise Yemen's intricate situation.

“A successful approach demands a comprehensive strategy integrating military, political, economic and diplomatic elements,” Ms Nasser said.

The US should “closely align with a unified Yemeni government to effectively counter Houthi influence”, she said, and recognise that the “Houthis are both a local actor with autonomous ambitions and an Iranian ally, rather than a mere proxy”.

Regional partners must be involved as well as Yemen’s international government, she said.

“This requires integrating regional partners, including Saudi Arabia, the UAE, Oman, and the internationally recognised Yemeni government, into a cohesive strategy that prioritises a negotiated settlement, economic stabilisation and inclusive governance, rather than relying solely on military pressure,” Ms Nasser said.

Additionally, Iran's “umbilical cord” and channels through which the Houthis smuggle weapons, missiles and drones must be cut, Marwan Ali Noman, former Yemeni deputy permanent representative to the UN, told The National.

“The Yemeni government should be supported to regain full control of the Red Sea and Gulf of Aden,” Mr Noman said. He said it was vital that air strikes targeted Houthi leaders and not civilian infrastructure.

“Civilian casualties will support the Houthi narrative that they’re in a war against the US and Israel and will help them in mobilising more recruits,” he said.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Updated: March 30, 2025, 12:46 PM