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.
H.H. Sheikh Hamdan meets gold medalists of International Greenwich Olympiad
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince, has congratulated the team from Dubai Schools – Al Khawaneej for winning the gold medal at the International Greenwich Olympiad.
Iran remains incapable of turning page on war: Gargash
Dr Anwar Gargash, diplomatic advisor to the UAE president, said Iran "remains incapable" of committing to the agreed requirements of de-escalation following its recent attacks on several Gulf countries.
UFC adds two more bouts to Abu Dhabi Fight Night
The world's premier mixed martial arts organisation UFC has announced two additional bouts for Abu Dhabi's Fight Night event on July 25.
UAE condemns hostile Iranian attack targeting Qatari vessel
The UAE has strongly condemned the hostile Iranian attack on Qatar’s Al Rakeyyat vessel as it was transiting near the Strait of Hormuz.
UAE certifies world's first commercial air taxi vertiport
Dubai has taken another step closer towards launching commercial air taxi operations.
Ajman unveils AED 1.8 billion urban development roadmap
Ajman has unveiled a AED 1.8 billion development agenda aimed at enhancing community wellbeing and improving quality of life.
H.H. Sheikh Hamdan honours government entities for digital transformation
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and the UAE's Deputy Prime Minister, has honoured several government entities for carrying out digital transformations of its services.
H.H. Sheikh Mohammed to honour 'most beautiful Quranic voices in the world'
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has launched the new edition of the Dubai International Holy Quran Award.
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