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 court jails eight for life in arms trafficking, money laundering case
The Abu Dhabi Federal Court of Appeal has convicted several individuals involved in an illicit weapons trafficking and money laundering network linked to the supply of arms, ammunition and military equipment to the Sudanese Army.
RTA and Dubai Holding advance Palm Jumeirah traffic improvements
Dubai's Roads and Transport Authority (RTA), in partnership with Dubai Holding Community Management, is constructing two new pedestrian bridges on Palm Jumeirah as part of efforts to improve road safety and traffic flow.
UAE, Ecuador discuss strengthening joint cooperation and partnership
Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, held a meeting in Abu Dhabi with Ecuador's Minister of Foreign Affairs and Human Mobility Roberto Pesantes.
Dubai strengthens future-focused legislation, innovation framework
Dubai has launched an initiative aimed at developing future-ready legislation and strengthening the emirate's position as a global hub for innovation and economic competitiveness.
11-year-old Egyptian crowned Arab Reading Challenge Champion
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has crowned Egyptian Mayar Othman as the 10th Arab Reading Challenge Champion.
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