Kuwait Stock Exchange (KSE) has suspended the trades on eight stocks, as their companies have not presented the financial statements for the fiscal year ended 31 December, 2014 on time.

KSE declared that the eight companies are International Financial Advisors, Al-Deera Holding, Noor Financial Investment, Amwal International Investment, Arabi Group Holdings, Al-Madar Finance and Investment, First Investment, and Al-Shamel International Holding.

The Kuwaiti bourse has granted the listed companies a 90-day period to submit their financial statements.