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.
Spanish PM Sanchez calls snap election for November 29
Spanish Prime Minister Pedro Sanchez called an early election for November 29 on Monday, in a bid to strengthen his mandate after a fragmented parliament rejected the government's key housing decrees last week amid widespread protests.
Hundreds of French schools stay closed ahead of nationwide day of student protests
Hundreds of French high schools will begin a second week of closures on Monday as protests over dilapidated schools and classrooms, overcrowding and teacher shortages precede a nationwide day of demonstrations on Tuesday.
Thousands of Imran Khan supporters start march to Pakistani capital, party says
Thousands of supporters of Pakistan's jailed former Prime Minister Imran Khan have started a long march to Islamabad to demand his release, his party said on Monday, amid deep divisions with the Pakistani leadership.
US removes bombers from UK base at centre of suspected Iranian plot
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Omani court sentences two tourists for sitting on nesting turtles
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