According to reports, the 29 year old informed his friend residing in Hong Kong that he was being held for a AED 109,000 ransom through WhatsApp.
The suspects were identified as four Chinese nationals who were caught with the victim in a house in Makati City, Metro Manila.
They are currently under the custody of the Philippine National Police as an investigation is underway.
Trump bans three media outlets from White House
US President Donald Trump banned news outlets CNN, MS NOW and Politico from the White House on Friday, complaining about their coverage in a social media post.
Three students killed in Philippine school shooting, including gunman, officials say
A 16-year-old student shot dead at least two fellow students and then killed himself at a school in the southern Philippines on Friday, provincial officials said.
At least 16 killed in attack on police facility in northwest Pakistan
At least 16 people, including five police personnel, were killed in northwest Pakistan on Friday when an explosives-laden car rammed into a police facility on Friday.
Trump nominee Lindberg to head World Food Programme
The UN's World Food Programme, the world's biggest humanitarian agency, on Friday named US President Donald Trump's nominee, Luke Lindberg, as its next executive director, a statement said.
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