IDB


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IDB

(ITS Data Bus) An interface between devices in an automobile endorsed by the Society of Automotive Engineers (SAE). Designed to fulfill the goal of Intelligent Transportation Systems (ITS), the ITS Data Bus enables engine diagnostic equipment, GPS navigation systems, wireless phones, radios, TVs, games and other mobile devices to interoperate over a standard bus. For example, an IDB-compliant display screen could accept text and/or graphics output from an IDB-compliant navigation system, CD changer, cellphone or video game. For more information, visit www.sae.org and search on "IDB."
References in periodicals archive ?
This falls in line with the new development orientations of IDB member countries including Saudi Arabia, whose ambitious 2030 plan is targeting to increase the private sector's contribution to the GDP (gross domestic product) from 40 to 65 percent," he said.
This project is the first agreement signed under the new IDB Invest brand, as a private sector arm of the IDB Group.
The 41 annual meeting of IDB will discuss a number of topics, particularly the 41 IDB annual report, the approval of annual audited accounts for IDB and Endowment Fund in 1436H (2014-2015), selecting the external auditors for IBD, Waqf Fund and Awqaf properties investment fund as well as Waqf international organisations.
The IDB President congratulated Ambassador Manzoor ul Haq for his responsibilities as new Ambassador to Saudi Arabia and assured full support from the IDB in enhancement of partnership role in economic development of Pakistan.
The two sides also discussed using experiences and capacities of the IDB in the fields of training by Iran.
The IDB Fund II is supported by the Public Pension Agency of the Kingdom of Saudi Arabia, the Public Investment Fund of the Kingdom of Saudi Arabia, the Ministry of Finance of the Kingdom of Bahrain and the Ministry of Finance of the Sultanate of Brunei Darussalam as founding investors, with aggregate commitments totalling $750 million for the first closing.
According to IDB, the IDB Fund II is supported by the Public Pension Agency of the Kingdom of Saudi Arabia, the Public Investment Fund of the Kingdom of Saudi Arabia, the Ministry of Finance of the Kingdom of Bahrain and the Ministry of Finance of the Sultanate of Brunei Darussalam as founding investors.
The deal gives the target a value of USD1bn, IDB said.
He informed the minister that he expects the project Pakistan plans to undertake in future would make IDB one of its largest operations.
Mozambique Minister of Finance and IDB Governor, Manuel Chang, emphasised that the country "is aware that, if it were to implement Islamic finance and banking, the benefits it could reap from this potential economic cooperation could be exponential".
Concerned about the financial position of IDB Holdings Corp Ltd (TASE: IDBH), the supervisor of banks in Israel, David Zaken, has instructed that the debts of IDB be classified as problem debt.
This came in a meeting brought together Minister of Planning and International Cooperation Mohammed al-Sa'adi with IDB delegation, where they touched on several issues concerning improving the mutual cooperation.