ABU DHABI- Oman government-owned firm Majis Industrial Services has bought a "significant" minority stake in United Arab Emirates company Utico for $400 million, Utico's CEO Richard Menezes told reporters in Abu Dhabi on Tuesday.

(Reporting by Stanley Carvalho, writing by Alexander Cornwell; Editing by Saeed Azhar) ((Alexander.Cornwell@thomsonreuters.com;))