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.
One child injured in Iranian attacks on Qatar
Qatar's Ministry of Interior has announced that a child has sustained an injury as a result of falling debris from interception operations against Iranian attacks early on Friday.
US completes 'major' wave of strikes on Iran, Gulf states under attack
The US Central Command (CENTCOM) has announced that it completed its latest major wave of strikes against Iran, while Kuwaiti and Qatari defence forces reported intercepting missile attacks early on Friday.
Texas flooding kills two as US state braces for historic rains
Torrential rains have killed two people in Texas as floodwaters swept them away in their vehicles while the state braced for "record-shattering" rainfall over the next 24 hours, Texas Governor Greg Abbott said on Thursday afternoon.
SpaceX's Starship rocket aborts before liftoff in 13th flight test
SpaceX's Starship rocket triggered a last-second abort before liftoff for its 13th flight test from Texas on Thursday as some of its 33 engines failed to start, with CEO Elon Musk saying it will likely try to launch again early next week.
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