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.
At least 47 dead in eastern Indonesia after magnitude 7.7 quake
At least 47 people were killed after a magnitude 7.7 earthquake and dozens of aftershocks struck off eastern Indonesia on Saturday, the National Disaster Mitigation Agency (BNPB) said in its latest statement.
Kuwait, Bahrain strongly condemn Iranian attack on ADNOC vessels
Kuwait and Bahrain on Saturday expressed their strong condemnation of the Iranian attack against vessels affiliated with the UAE's Abu Dhabi National Oil Company (ADNOC) while transiting the Strait of Hormuz.
Yemen's Mocha port halts operations after Houthi attacks, port director says
Yemen's Mocha port has suspended commercial and maritime operations after being hit by more than 25 missiles in Houthi attacks over recent days, the port's director said on Saturday.
Morocco arrests 111 migrants headed for Spain's Ceuta in security crackdown
Moroccan police arrested at least 111 people on Saturday as they tried to enter Spain's North African enclave of Ceuta, amid tightened security on both sides of the border after social media posts called for another mass migrant crossing.
