World’s largest port operator, DP World, a subsidiary of crisis hit Dubai World, had made some of its financial obligations through regular coupons. The development came at a time when the Gulf region has been enthralling over the high-profile inauguration of the world's tallest tower, Burj Dubai.

The Nasdaq Dubai listed ports operator, in a statement made on the stock exchange website, said that it has paid profit for the 180-day period on its $1.5 billion sukuk issue, which was due in
2017.

The firm, which was not included in the restructuring plan of Dubai World, also informed that it had also made coupon payment of $59.9 million due in 2017. The information has been seen as a positive signal for rebounding investor’s confidence, shattered following the announcement by Dubai World to standstill on billions of dollars of debts.

The development had sent ripple of shock in financial circles, plunging stock exchanges across the world. The state owned conglomerate has been in discussions with creditors for evolving a restructuring plan.

The port operator, having a $3 billion loan maturing in October 2012, had seen 6-per cent fall in third-quarter container volumes in October adding that it would meet the market expectations in the coming year.