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.
Indonesia commuter train crash toll rises to 15 as rescuers complete evacuation
The death toll from a train collision near the Indonesian capital Jakarta has risen to 15 with another 88 injured, a senior minister said on Tuesday, as emergency teams completed work to rescue passengers trapped in the wreckage.
Sweden issues 'early warning' of potential jet fuel shortage
Sweden has given notice of a potential shortage of jet fuel stemming from the war in the Middle East, Energy Minister Ebba Busch said on Tuesday.
Five wounded in two shootings in Athens, 89-year-old gunman at large
Five people were wounded in two separate shooting attacks in Athens carried out by an elderly gunman who remained at large, police and local media reported on Tuesday.
Russia calls for rapid restoration of peace in Mali after sustaining casualties
Russia said on Tuesday it was important to quickly restore peace and stability in Mali where its forces are helping the military-led government battle insurgents who launched a series of weekend attacks near the capital Bamako and across the country.
Trump unhappy with Iranian proposal, US official says
A US official said on Monday that President Donald Trump is unhappy with an Iranian proposal because it did not address Iran's nuclear program.
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