Filipino expats in the UAE are being warned to double check where they're investing their money.
The country's embassy has issued a public advisory against more than 30 firms that they say are illegally soliciting funds.
According to the warning, the companies are not licensed or authorised to handle money and help resident invest.
People who invite or recruit others to join and invest can also be criminally liable.
UAE President and NATO Secretary General discuss regional developments
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call on Monday with Mark Rutte, Secretary General of the North Atlantic Treaty Organisation (NATO), to discuss the ongoing military escalation in the region and its implications for regional and international security.
UAE air defences intercept 7 missiles, 16 drones on Monday
The UAE air defences have intercepted 7 ballistic missiles and 16 drones launched from Iran on Monday, an update from the Ministry of Defence confirmed.
UAE President meets with France's Armed Forces Minister in Abu Dhabi
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan discussed strengthening defence ties with Catherine Vautrin, Minister of the Armed Forces and Veterans Affairs of France, during a meeting in Abu Dhabi on Monday.
UAE condemns the targeting of a hospital in Sudan's Darfur
The United Arab Emirates, on Monday, strongly condemned and denounced the strike on a hospital in East Darfur in Sudan, which resulted in 64 deaths and injuries to 89 people.
Abdullah bin Zayed discusses latest developments with foreign ministers
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, held calls with a number of foreign ministers on Monday, to discuss the latest regional developments amid Iran’s continued attacks targeting the UAE and several countries in the region.
Scholarship applications opens for 'exceptional' Emirati students
Applications have opened for the third cohort of the AED1.1 billion Hamdan bin Mohammed Scholarship that gives exceptional Emirati students access to leading global universities and prepare them to become Dubai's future leaders.
UAE and Indonesian Presidents discuss regional developments
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and his Indonesian counterpart Prabowo Subianto has underscored the need for an immediate halt to the military escalation during a phone call.
UAE issues safety guidelines, travel advisories due to unstable weather
Authorities in the UAE have issued safety guidelines as unstable weather continues to impact several parts of the country.
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