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Wael Abdallah

Brief Biography

Wael Abdallah is an associate professor of finance at the Heikal Department of Management in the Onsi Sawiris School of Business at The American University in Cairo. He holds a PhD in finance from Salford Business School at the University of Salford in the United Kingdom.

Abdallah is a prolific scholar whose research spans financial market dynamics, cryptocurrency economics, corporate finance and banking systems, with a particular emphasis on markets in the Middle East and North Africa region. His work has appeared in more than 20 peer-reviewed international journals, including several A- and B-ranked outlets such as Gender in Management, Conflict Resolution Quarterly, Global Journal of Flexible Systems Management and Global Knowledge, Memory and Communication. His research addresses critical contemporary issues, from the impact of geopolitical conflict on energy markets to the organizational adoption of knowledge management systems in multinational corporations. As an educator, Abdallah received the Spring 2026 Excellence in Teaching Award and recognition for outstanding research achievements in publishing. He is deeply committed to experiential learning and student development, serving as faculty advisor to the AUC CFA Institute Research Challenge team—leading them to an unprecedented three consecutive local championships and to qualification for the EMEA Regional Final, making AUC the first Arab university to achieve this milestone. Beyond academia, he serves as a board member and head of the Governance and Audit Committee at Beltone Holding and is a co-founder of FINOMICS, an applied learning competition that aims to foster student engagement with financial markets.

Research Interest
  • Cryptocurrency and digital finance markets
  • Capital structure and financial ratings
  • Financial markets in the Middle East and North Africa region
  • Sectoral equity responses, terrorism impact and macroeconomic shocks
  • Corporate governance and risk management
  • Knowledge, productivity and organizational systems
Awards
  • 2026: Winner of the Excellence in Teaching Award, Onsi Sawiris School of Business, The American University in Cairo
  • 2026: Winner of the Research Recognition Award for Outstanding Achievement in Publishing, Onsi Sawiris School of Business, The American University in Cairo
Education
  • PhD in finance, Salford Business School, University of Salford, 2013
Courses
  • FINC 303: Business Finance
  • FINC 404: Investment Analysis 
  • FINC 414: Corporate Finance
  • FINC 5351: Advanced Corporate Finance (MBA)
  • FINC 5202: Financial Management ( MBA)
  • M. Sami and W.M. Abdallah, "The Strategic Asymmetry in Female Leadership: Differential Risk-Taking Between Strategic and Non-Strategic Activities," Gender in Management: An International Journal 41, no. 4 (2026): 745–768.
  • M. Sami and W.M. Abdallah, "Panel GARCH-Copula Modeling: Evidence from Energy Market Response in Egypt and Jordan to the October 2023 Israel-Hamas Conflict," Conflict Resolution Quarterly 43, no. 3 (2025): 387–401.
  • M. Abdelrahman, N. Papamichail, R. Hammady, Y. Kurt, W.M. Abdallah, L.S. Liu and S. Kapser, "Organizational Culture and Knowledge Management Systems Adoption: Examining Employee Usage in Multinational Corporations," Global Journal of Flexible Systems Management 26, no. 3 (2025): 439–467.
  • W.M. Abdallah, "Unraveling Market Dynamics: Assessing the Diverse Impact of Terrorism on Sectoral Equity Values in the Middle East and North Africa Region," International Journal of Business and Economics 23, no. 1 (2024): 25–43.
  • M. Sami and W.M. Abdallah, "Riding the Crypto Wave: How Does Country Research and Development Spending Respond?" Global Knowledge, Memory and Communication 75, no. 5/6 (2024): 1890–1908.
  • M. Sami and W.M. Abdallah, "How Does Knowledge Spur the Productivity of Private Egyptian Firms? An Instrumental Variable Approach," Global Knowledge, Memory and Communication 72, no. 8/9 (2023): 936–952.
  • M. Sami and W.M. Abdallah, "Does Cryptocurrency Hurt African Firms?" Risks 10, no. 3 (2022): 1–18.
  • M. Sami and W.M. Abdallah, "Assessing the Impact of Dividend Policy on the Sustainability of Distressed Firms," Journal of Modelling in Management 16, no. 3 (2021): 987–1001.
  • M. Sami and W.M. Abdallah, "How Does the Cryptocurrency Market Affect the Stock Market Performance in the Middle East and North Africa Region?" Journal of Economic and Administrative Sciences 37, no. 4 (2021): 741–753.
  • M. Sami and W.M. Abdallah, "Cryptocurrency and Stock Markets: Complements or Substitutes? Evidence from Gulf Countries," Applied Finance Letters 9 (2020): 25–35.
  • H.A. Abdou, W.M. Abdallah, J. Mulkeen, C. Ntim and Y. Wang, "Prediction of Financial Strength Ratings Using Machine Learning and Conventional Techniques," Investment Management and Financial Innovations 14, no. 4 (2017): 194–211.