MANAMA, BAHRAIN – Media OutReach Newswire – 12 August 2026 – Skyro, digital-first consumer finance platform headquartered in Bahrain and operating in South-East Asia, today announced plans to expand into Saudi Arabia and the appointment of Maria Medvedeva, a former Mastercard executive, as Managing Director for the Middle East region.
Maria Medvedeva
In her new role, Ms Medvedeva will lead the company's expansion across Middle East markets. She will oversee the company's market-entry strategy and build-out across the region – from establishing local teams and operating models to steering regulatory engagement, forging partnerships with local institutions, and shaping Skyro's product and go-to-market approach market by market – driving the group's long-term growth across the GCC in step with the region's economic-diversification and digital-economy agendas, including Saudi Arabia's Vision 2030.
Arsen Liametov, Skyro co-founder and CEO, said:
"Since launching in South-East Asia in 2022, Skyro has built a credit portfolio of more than $200 million, while the app has surpassed 7 million users. This momentum, which is moving us towards profitability, shows that our ecosystem business model built around consumer finance has significant potential in other emerging markets. We have begun establishing our operations in Saudi Arabia and intend to offer consumer financing as well as services for SMEs in this growing and attractive market once the necessary regulatory approvals are in place. Maria's appointment will strengthen our expansion into the Middle East."
Ms Medvedeva said:
"I am delighted to lead Skyro's expansion across the Middle East, a region shaping one of the most ambitious visions for the future of finance. My commitment is to build here for the long term: with local teams, trusted partnerships, and genuine respect for the markets we enter. The most enduring businesses are built in a place, not simply imported into it, and I believe Skyro has the team and the discipline to grow responsibly and profitably alongside the region.
"As part of its Saudi expansion, Skyro plans to build out a broader ecosystem of digital financial services spanning both consumers and businesses. We see our role as a complementary partner to the Kingdom's established financial institutions, expanding access to finance and opening up new opportunities for the country's broader economic growth while supporting the development of innovative fintech locally."
Ms Medvedeva is an experienced financial technology executive. She spent more than seven years as a vice president at Mastercard across the MENA region, Saudi Arabia and Bahrain, became the first woman to hold a senior country leadership role in Saudi Arabia, and made significant contributions to developing payment technologies for consumers and merchants in support of the Kingdom's Vision 2030.
The company has already opened an office in Riyadh and is actively hiring, including developers, ahead of securing the required licence. Skyro is investing in its Saudi operations to support this expansion, drawing on the consumer-financing foundation it has established across South-East Asia while developing services tailored to the Kingdom's needs. Beyond Saudi Arabia, the company is also evaluating further expansion opportunities across the wider Middle East region.
Hashtag: #Skyro #Vision2030 #Fintech
The issuer is solely responsible for the content of this announcement.
About Skyro
Skyro is a high-growth, digital-first fintech group delivering scalable, responsible financial access across high-potential emerging markets. Powered by proprietary data science, AI-driven credit decisioning, and alternative-data scoring, the company combines a mobile-native experience with modular fintech architecture to serve underserved client segments at scale.
As of 2026, Skyro has a registered user base of more than 7 million and a credit portfolio exceeding $200 million. The company's ambition is to become a leading full-spectrum financial services group across high-potential markets by combining capability proven at scale with a commitment to building each business around the needs of the market it serves.
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KOTA DAMANSARA, MALAYSIA - Media OutReach Newswire - 12 August 2026 – Thomson Hospital Kota Damansara ("Thomson") is the first hospital in Malaysia to introduce a next-generation integrated surgical energy platform into its operating theatres. This innovation strengthens its minimally invasive surgical capabilities and enhances patient experience.
Multidisciplinary Tertiary Hospital with Comprehensive Surgical Capabilities
As a multidisciplinary tertiary hospital, Thomson offers minimally invasive surgery across a broad range of specialties through laparoscopic, thoracoscopic (VATS), endoscopic, arthroscopic, and microsurgical approaches.
Thomson has also further expanded to its wide range of surgical offerings with two advanced procedures: the Transoral Endoscopic Thyroidectomy Vestibular Approach (TOETVA), a scarless thyroid surgery performed through the mouth that eliminates visible neck incisions, and laparoscopic surgery for endometriosis, a keyhole procedure that enables the diagnosis and treatment of endometriosis through small incisions. Together, these procedures provide patients with more treatment options while supporting faster recovery where clinically appropriate.
Dr Savitha Dharan, Chief Executive Officer of Thomson Hospital Kota Damansara, explains, "Our aim is to provide patients with access to comprehensive, outcome driven surgical care under one roof. By continuously expanding our minimally invasive surgical capabilities, we empower our multidisciplinary teams to tailor the most appropriate treatment for every patient while delivering care that prioritises safety, precision and better patient outcomes."
Advancing Surgical Care Through Technology
This next-generation integrated surgical energy platform brings multiple surgical energy technologies together on one platform, equipping surgeons with advanced technology that supports greater surgical precision and shorten overall procedure times. By combining tissue dissection and vessel sealing on a single platform, it enables more efficient surgical workflows targeted in reducing operating times, tissue trauma and recovery time where clinically appropriate.
"When investing in technology, Thomson's main priority is delivering value-based care; we want better patient outcomes, operational efficiency and long-term value for both patients and our clinical team. This platform allows us to do just that - perform precise minimally invasive procedures and help deliver safe, effective care tailored to each patient's clinical needs," Dr Savitha expanded further.
Supported by experienced multidisciplinary teams and modern operating theatres, Thomson continues to invest in technologies that enhance surgical capabilities and improve the overall patient journey.
Supporting Sustainable Healthcare
Beyond its clinical benefits, this advanced integrated surgical energy platform aligns with Thomson's Environmental, Social and Governance (ESG) commitments by reducing equipment redundancy and improving operating theatre efficiency. This enables the hospital to optimise resource utilisation while continuing to deliver high-quality patient care.
The introduction of the advanced integrated surgical energy platform marks another milestone in Thomson's ongoing investment in advanced medical technologies, reinforcing its position as one of Malaysia's leading private hospitals committed to innovation, clinical excellence and patient-centred care.
KKLIU 3218 / EXP 31.12.2028
Hashtag: #ThomsonHospital
The issuer is solely responsible for the content of this announcement.
About Thomson Hospital Kota Damansara
Thomson Hospital Kota Damansara ("Thomson"), the flagship hospital of TMC Life Sciences Berhad, is a multi-disciplinary tertiary care centre strategically located in the prime alcove of Kota Damansara, Selangor, established in 2008. Thomson holds a capacity for 554-beds including 25 critical care beds, and houses more than 160 consultant specialists across over 60 specialties and sub-specialties.
An award-winning institution, Thomson's regional accolades include recognition by Newsweek and Statista as one of Asia's Top Private Hospitals and Clinics 2026, awarded the Specialist Hospital of the Year, and Specialty Hospital of the Year – Malaysia in 2024 for paediatric services and in 2025 for pulmonology services.
Guided by its vision to be the "Premier Provider of Outstanding Value-Based Medical Services in Southeast Asia", Thomson remains committed to clinical excellence and is poised for continued growth to meet evolving healthcare needs.
For more information, please visit thomsonhospitals.com or follow THKD on social media platforms @thomsonhospitalKD.
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From left: Dr Savitha Dharan, CEO of Thomson Hospital Kota Damansara, Dr Wong Sze Ming, Consultant General & Colorectal Surgeon, Jo-Ann Gan, Commercial Lead (Surgery) Malaysia & Brunei, J&J MedTech, Prof Dr Prasanna Supramaniam, Consultant in O&G, Fertility Specialist, Subspecialist in Reproductive Medicine, Minimal Invasive Gynaecological Surgeon & Ng Yee Voon, Senior General Manager, Thomson Fertility.
