.php?title=Global_Emerging_Markets&amp;action=edit&amp;redlink=1" class="new" title="Global Emerging Markets (page does not exist)">Global Emerging Markets</a> (GEM), acquired a significant stake in Challenger. The acquisition cost roughly $50 million and was co-financed by VC Bank and GEM. This transaction demonstrated that the MENA region contains several attractive, yet obscured, investment opportunities represented in <a href="//en.wikipedia.org/wiki/Privately_held_companies" title="Privately held compa