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A nuclear power plant in the United Arab Emirates successfully activated its first reactor on Saturday, the AP reports.

Why it matters: The $20 billion Barakah nuclear power plant, located near the country's western border with Saudi Arabia, was built with the help of South Korea and is the first nuclear power plant on the Arabian Peninsula.

Go deeper: UAE launches its first mission to Mars

Go deeper

Sep 9, 2020 - World

Kushner: Saudi Arabia will allow any eastbound flight from Israel to use its airspace

Jared Kushner. Photo: Drew Angerer / Getty Images

President Trump senior adviser Jared Kushner said during a conference call with reporters on Wednesday that the Saudi government agreed to allow all eastbound flights from Israel to pass through its airspace, rather than just flights from Israel to the United Arab Emirates.

Why it matters: Although Saudi Arabia did not follow the UAE in normalizing relations with Israel, opening its airspace is a meaningful step that will influence tourism and the economy.

Texas urges Supreme Court to leave abortion ban in place

Photo: Emily Elconin/Bloomberg via Getty Images

Texas on Thursday asked the Supreme Court to keep in place a law that bans abortions after an embryo's cardiac activity is detected, which can be as soon as six weeks and before many people know they are pregnant.

Driving the news: Texas Attorney General Ken Paxton is asking the high court to ignore the Justice Department's emergency request that they temporarily block the law while federal courts consider its constitutionality since it "lacks standing because it has not been injured by SB 8."

Felix Salmon, author of Capital
2 hours ago - Economy & Business

Meme stonks lose their appeal to the world of crypto

Data: Cardify; Chart: Axios Visuals

That sucking sound you hear is the outflow of meme-chasing dollars from the stock market.

Why it matters: The caravan has moved on. The dream of getting rich quick still lives, but today it's more often found in the world of crypto, NFTs or even sports betting than it is in the stock market.