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It would be far-fetched to describe the US and Britain's long-term relationship with Saudi Arabia as a love affair, although elements of romance, blind infatuation and lustful mutual gratification have never been entirely absent.
Only a few months later, the Morningside Foundation, led by Hong Kong venture capitalists Ronnie and Gerald Chan, topped that with a $350m donation to the school of public health, where Gerald earned his master's and doctorate degrees.
In a joint venture with Chinese manufacturer TCL Communications, the company also manufactured a range of Android and Windows Phone smartphones predicated on low-cost but feature-rich devices, as well as wearable devices and smartphone accessories.
The six directors include Rupert Pennant-Rea, the former editor of the Economist and deputy governor of the Bank of England; Stephen Grabiner, the venture capitalist who previously worked in the Telegraph's commercial department; and Veronica Wadley, who was the editor of the Evening Standard until the Lebedev takeover.
The directors include Rupert Pennant-Rea, a former editor of the Economist, and Veronica Wadley, the former editor of the Evening Standard who now chairs the Arts Council London as well as two little known peers, and Stephen Grabiner, a former partner at venture capital firm Apax.
Bob Dudley, BP's chief executive, resigned as head of the venture and fled Russia during a bitter row in 2008.
The Casino de Paris venture didn't break even, and closed in 1975.
"I would venture a guess that hitting a kid with a stick would be considered chargeable in almost any state," said Joan Meier, a professor of clinical law at George Washington University.
For example, a joint venture between South African telecom company MTN and the Germany-based company Rocket Internet has been launching startups in Iran, setting up Iranian versions of eBay (Mozando), Amazon (Bamilo), and even Uber (Taxi Yaab).
The GCC delegation is also rumoured to be angry that they may have been misled by secretary of state John Kerry about the extent to which the US is willing to provide a formal mutual-defence agreement of the type it extends to other non-nuclear allies, such as Japan.
The CBS joint venture comprises seven entertainment channels including CBS Drama, CBS Action and CBS Reality.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com