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Cyprus Airports Brace for Record-Breaking August Surge

by THEFUTURE.TEAM

August 5, 2025

Record Traffic Projections

Cyprus’ premier airports, operated by Hermes Airports, are poised to welcome over 1.6 million passengers this August, setting a historic benchmark for the region. The summer peak, traditionally observed at Larnaca and Paphos, signals an unprecedented influx with current figures already exceeding last year’s record levels.

Enhanced Passenger Services

In anticipation of peak travel volumes, Hermes Airports strategically advises all passengers to arrive at least two hours before their scheduled flights. Updated guidance, particularly during peak hours, may be disseminated via the company’s active social media channels. Additionally, travel convenience is heightened through advanced parking reservations via the Hermes website, offering flexible options and competitive online pricing.

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Streamlined Check-In And Security

Innovative digital initiatives are playing a critical role in smoothing the travel experience. The introduction of a digital chatbot, accessible through Facebook Messenger, Viber, and X (formerly Twitter), provides real-time flight updates—ranging from gate numbers to estimated departure times and check-in desk details. This tool not only assists frequent flyers but also aids those picking up arriving passengers in planning their visits efficiently.

Passengers are encouraged to make use of online check-in services and self-service kiosks available at both terminals. With systems like Tagomat® and Bagomat for quick luggage tagging, Hermes streamlines the entire process, reducing wait times significantly. Document preparation is further modernized with features such as biometric options for expedited clearance via the BorderXpress system.

Upgraded Facilities And Special Considerations

The upgrades underway across Cyprus’ airports extend beyond the check-in counters. Enhanced shopping and dining areas, along with pre-order options for duty-free items, complement the new Express Lane services available at both Departures and Arrivals. These facilities allow passengers to bypass traditional queues and enjoy a more relaxed waiting experience in lounges offering complimentary refreshments.

Special provisions remain in place for travelers with pets, disabilities, or reduced mobility, ensuring a comprehensive and inclusive service framework. Moreover, as airport upgrade works continue, on-site signage and regular online updates are crucial for adapting to temporary changes in vehicle access and transport waiting zones.

Through a combination of technological innovation and customer-centric services, Hermes Airports is not only meeting the rigorous demands of increased summer traffic but also setting a new standard for efficiency and traveler satisfaction in the region.

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FinTech’s Dominance In MENA: Three Strategic Drivers Behind Unyielding VC Success

by THEFUTURE.TEAM

September 11, 2025

Despite facing tightening global liquidity and macroeconomic headwinds, the FinTech sector continues to assert its leadership in the MENA region. In the first half of 2025, FinTech emerged as the most resilient and appealing arena for venture capital investments, proving its worth as a catalyst for financial innovation and inclusion.

Addressing Structural Financial Gaps

In many parts of MENA, a significant proportion of the population remains underbanked and underserved by traditional financial institutions. FinTech companies are uniquely positioned to address these persistent challenges by bridging critical access gaps and driving financial inclusion. With the proliferation of payment apps, digital wallets, and micro-lending platforms, investors have witnessed firsthand how these solutions pave the way for scalable growth and eventual exits. Early-stage momentum in the region is underscored by a doubling of pre-seed deals year-over-year, reinforcing the sector’s capacity for rapid innovation and sustainable expansion.

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Highly Scalable and Replicable Business Models

One of the key factors behind FinTech’s dominance is the inherent scalability of its business models. Once the necessary infrastructure and regulatory approvals are in place, these models have demonstrated robust performance across borders. The first half of 2025 saw a marked acceleration in deal activity, with payment solutions leading the charge with 28 deals in MENA—a significant increase over the previous year. Lending platforms, in particular, experienced a meteoric 500% year-over-year increase in funding, emerging as the fastest-growing subindustry. Such replicability makes FinTech an attractive proposition for investors seeking high-growth opportunities in diverse markets.

Supportive Regulatory And Government Backing

The strategic support offered by key government initiatives in the UAE and Saudi Arabia has been instrumental in propelling the FinTech sector forward. Progressive frameworks, such as the UAE’s open finance and digital asset directives, coupled with Saudi Arabia’s live-testing sandboxes, have materially lowered entry barriers for startups. These measures not only foster innovation but also streamline the path to commercialization. Consequently, the combined efforts of these regulatory bodies have enabled the UAE and Saudi Arabia to account for 86% of MENA’s total FinTech funding in H1 2025.

The resilience of FinTech in MENA is not merely a reflection of contemporary market trends—it signals a fundamental shift in the region’s economic fabric. With an unwavering commitment to addressing real financial challenges, scalable and replicable business practices, and robust regulatory support, FinTech is setting the benchmark for sustainable innovation. As capital markets become increasingly discerning, this sector stands out as a beacon of long-term growth and transformative impact.