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Transforming Cyprus’ Airports: Government And Hermes Sign Landmark Agreement

The Cyprus government and Hermes Airports have formalised a landmark agreement to initiate the second phase of development for Larnaca and Paphos international airports. Signed at the Presidential Palace, the agreement also resolves longstanding disputes related to the airports’ concession.

Transport Minister Alexis Vafeades described the deal as a critical step in enhancing public interest. The ambitious plan involves simultaneous construction projects at both airports, commencing in late Q1 2025. These works depend on finalising loan agreements with banks and securing necessary planning approvals.

Minister Vafeades and Hermes CEO Eleni Kalogirou hailed the agreement as transformative for Cyprus’ tourism, local communities, and economy. Currently, both airports collaborate with 55 airlines, connecting Cyprus to 38 countries through 156 routes.

Key Updates And Developments

The upgrades will significantly expand both airports’ capacities:

  • Larnaca Airport: Expansion of the terminal by approximately 20,000 square metres, new passenger boarding gates with a connected wing, and increased aircraft parking spaces. Completion is expected within 30 months.
  • Paphos Airport: A 30% expansion of the terminal area and extension of the southern parallel taxiway to enhance safety and capacity. Completion is targeted within 27 months.

Upon completion, the airports will collectively serve over 17.4 million passengers annually, a 43% increase from the expected 12.2 million passengers in 2024.

Financial And Legal Agreements

Negotiations resulted in extending the concession agreement by 18 months and settling disputes:

  • €30 million in compensation paid by the Republic of Cyprus.
  • A €20 million loan from the Republic to Hermes Airports in exchange for withdrawing claims related to the illegal Tymbou airport in the Turkish-occupied north.
  • The upgrades impose no additional financial burden on public funds, relying instead on private financing and the concession extension.

Economic Impact

The development builds on the airports’ historical success:

  • Larnaca and Paphos airports were constructed with a €640 million investment.
  • Over 18 years, the Republic of Cyprus has collected €607 million in concession fees from Hermes Airports.
  • The agreement underscores Cyprus’ readiness for further investment and connectivity growth.

The upgrades aim to improve passenger comfort and experience at every stage, adopting modern management practices to handle increasing traffic efficiently.

Airports will serve over 17.4 million passengers annually, bolster Cyprus’ international standing, and foster economic growth without burdening public finances.

Cloudflare Sets New Default To Separate Search Crawlers From AI Bots

Cloudflare has drawn a sharper line between traditional search and artificial intelligence.

Beginning September 15, 2026, the company will change its default settings to block so-called mixed-use crawlers from pages that run ads, unless a site owner chooses otherwise. The policy applies to new Cloudflare customers, new sites created by existing customers, and all current free customers.

A Clearer Divide In Web Access

The shift could materially reshape how AI companies collect web data for model training and agentic products. Cloudflare’s central argument is straightforward: most publishers want their content to remain visible in search and accessible through certain AI services, but they do not want that same material repurposed without compensation.

In Cloudflare’s view, the problem is not crawling itself. It is the blending of three different functions: search, agentic use, and training into a single bot that makes it difficult for website owners to set meaningful boundaries.

The Google Question

Cloudflare pointedly referenced the “world’s largest search engine,” an unmistakable nod to Google, arguing that it has access to roughly twice as much information as rival AI companies because it makes it harder for customers to stay discoverable without also being used for AI.

Google has disputed that framing. The company offers Google Extended, a crawler setting that lets publishers opt out of having content used for training and AI products such as Gemini apps and Vertex AI, without affecting visibility in Google Search. At the same time, Googlebot still crawls for Search and for AI-powered features such as AI Overviews and AI Mode.

Publishers Want Reach, Not Exploitation

Matthew Prince, Cloudflare’s co-founder and chief executive, said the company is moving quickly because the internet is now dominated by machine traffic.

“Now that the majority of traffic on the Internet is non-human, we must go further and act faster so that a sustainable ecosystem can emerge,” Prince said, referring to the recent milestone in which bots surpassed human traffic online sooner than expected.

Prince added that Cloudflare’s tools and partnerships are designed to give publishers more visibility and commercial leverage, while also rewarding AI companies that are transparent about how they use content.

From Pay Per Crawl To Pay Per Use

Cloudflare has increasingly positioned itself as a gatekeeper for publishers looking to assert control in the AI era. The company already offers tools to block AI bots, along with a marketplace called Pay Per Crawl, which lets websites charge AI systems for scraping.

That framework is now expanding into Pay Per Use, which Cloudflare says will allow publishers to charge AI companies when content creates value, not merely when it is fetched. In practical terms, that shifts the economics from extraction to monetization.

Cloudflare says the move may also reduce waste. Its data suggests more than half of crawl traffic from AI bots is spent revisiting pages that have not changed, consuming bandwidth and compute without adding fresh value for either side.

Early Partners Signal The Commercial Model

To launch the new system, Cloudflare is working with Ceramic.ai and You.com. Under the opt-in model, publishers can be paid when their content appears in Ceramic’s AI search results or when You.com accesses premium material.

Cloudflare says other AI companies can adapt the model to fit their own products. The broader message is clear: the era of unrestricted crawling is giving way to one in which access, attribution, and compensation are increasingly negotiated rather than assumed.

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