24th Annual Conference · 2026

المؤتمر السنوي الرابع والعشرون
Portrait of Ghaleb Elrefae
All speakers

Al Ain, UAE

Ghaleb Elrefae

President, Al Ain University

Paper

The Impact of International Accreditation as a Driver of AI-Enabled Innovation and Economic Development on Higher Education: Insights from the AACSB Experience

Ghaleb Elrefae, Amer Qasim, Isam Zabalawi, Helene Kordahji, and Shorouq Eletter

Al Ain University, Al Ain, UAE · The University of Jordan, Jordan · Australian University, Kuwait

Abstract

The Impact of International Accreditation as a Driver of AI-Enabled Innovation and Economic Development on Higher Education: Insights from the AACSB Experience

Higher education institutions are increasingly expected to play a strategic role in supporting innovation, digital transformation, and knowledge-based economic development. Recent years witnessed increasing attention given by most universities to international accreditations. However, international accreditation is not only perceived as quality assurance of the educational system, but also as a catalyst for change in university's overall environment. The culture of continuous improvement and Impact is a corner stone for any higher education institution seeking and maintaining international accreditation. Although the Association to Advance Collegiate Schools of Business (AACSB) plays a significant role in shaping how business schools integrate AI into business education by promoting innovation, technological relevance, and continuous curriculum improvement can also indirectly impact on the overall culture of the university by the conferences take aways brought back by faculty members attended these conferences. This chapter will highlight how AACSB accreditation affected not only the business school, but also how the business school had a leading role in changing and shaping the overall technological culture of the university giving Al Ain University experience in this regard. Bringing insights from five annual conferences, the college of business has each year proposed AI and innovation-related ideas that were adopted and implemented in the university. The chapter argues that international accreditation can function as a governance and policy mechanism that strengthens universities' capacity to contribute to innovation ecosystems, enhance university–industry knowledge exchange, and generate economically relevant outcomes. By linking accreditation, AI integration, and institutional transformation, the study offers insights into how Arab universities can leverage global frameworks to support sustainable economic development and competitiveness in the AI-driven global economy.

Biography

Ghaleb Elrefae

ElRefae is a professor in financial economics and accounting with expertise in higher education management, risk management in higher education institutions, and University corporate governance. Before joining Al Ain University, he led the Faculty of Economics and Administrative Science at AI Zaytoonah University of Jordan (ZUJ) for 16 years as Dean. Since July 2011, he has been appointed as the President of Al Ain University (AAU). During his leadership, a significant milestone in the growth of AAU was achieved in 2016 by the opening of the Abu Dhabi campus with its state-of-the-art infrastructure and latest technology. The expansion was planned not only for the surge of student enrollment that started by then, but was also accompanied by an improvement in the quality of education the university offered. With a long-term vision, he worked toward accreditation goals for AAU realized by getting internationally recognized accreditations such as The College of Pharmacy by ACPE, the College of Engineering by ABET, the College of Business by AACSB, the College of Communication by AQAS, the College of Law by HCERES being the first university in U.A.E. to get this international recognition at that time. In a similar vein, the College of Education has obtained CAEP accreditation. Additionally, the most recent achievement of AAU is the International Institutional Accreditation by QAA (UK). ElRefae's activity included a commitment to serving his community. He has been a member of several councils and bodies. He was a member of the Coordination Council for Higher Education and Scientific Research, the Ministry of Higher Education and Scientific Research MOHESR in the UAE, and the Arab Universities Governance Council. He is a member of the Middle East and North Africa Advisory Council for AACSB and the General Secretary of the Society of Student Affairs Deanship Management (SSADM), an emergent organization from The Association of Arab Universities. He served as a member of the Executive Council of the Association of Arab Universities and as a member of the Board of Trustees at Middle East University MEU. Besides expanding the enrollment rate at AAU, ElRefae was keen to cope with the current regional and global trends in education quality. Recognizing his efforts as a promoter of education quality assurance, he was named Model of Good Practice in education management by the Commission for Academic Accreditation of the MOHESR in the UAE. He served as a chair and a member of the Academic Accreditation Committee and Equivalence Committee for Foreign Degrees in the Jordanian Ministry of Higher Education and Scientific Research. As the president of AAU, he has signed various memoranda and agreements with regional and international higher education institutions from both private and governmental sectors. ElRefae's scholarly work and research interests are in several areas, including higher education quality, international higher education, diversity and education, risk management in higher education institutions, university corporate governance, asymmetric information in higher education, financial economics, industrial organization, and big data. He has authored fifteen books in various areas like accounting, finance, and economics, and has published more than 150 papers in numerous reputable peer-reviewed journals. His research has appeared in Vine Journal of Information and Knowledge Management System, the Journal of Emerging Technologies in Accounting, Energy Policy, International Review of Administrative Sciences, International Journal of Trade and Global Markets, ICT Express, the Journal of Marketing for Higher Education, Global Business and Economic Review, and the International Journal of Economics and Business Research among others. He worked in a team as a developer and writer of textbook content in accounting, business, and economics according to the UNCTAD curriculum offered by the Arab Society of Certified Accountants. ElRefae chaired the steering committees of fifteen international conferences in economics and business. ElRefae is the chief editor of the AAU Journal of Business and Law, Associate Editor of the International Journal of Economics and Business Research (IJEBR), and is on the editorial boards of the International Arab Journal of Information Technology and Global Business and Economic Anthology (GBEA). He was also a guest editor of Global Business and Economic Review (GBER), IJEBR, and other Arabic academic journals. In addition, he is a reviewer for several Elsevier and Scopus-indexed academic journals. He is frequently asked to be an external evaluator of scholarly attainment and promotion portfolios in the fields of economics, finance, and accounting. In recognition of his leadership and success, ElRefae has received several awards during his professional journey. ElRefae holds a Bachelor's Degree with honors in accounting, an M.Sc. in accounting, an M.A., and a Ph.D. in financial economics from the University of Cincinnati, USA. In addition, he completed the CMA and CPA courses.