If you spent any time in Dubai in the 70s or 80s, you'll likely have heard about this book and how it was "banned" - probably just "not sold at bookstores," I'm sure there was never a concerted effort to confiscate any copies of it. Not having read it until now, it had always retained a kind of mythic status as somehow revealing deep dark secrets of the ruling Maktoums and Sheikh Rashid's (and thus Dubai's), ascendancy to commercial superpowerdom.
But it's not really about that. Being a novel, written by a ridiculously prolific American author (Moore released another 8 books in 1976 when this came out, albeit mostly co-authored works), it's mostly about one American, the protagonist Fitz Lodd, and his questionable involvements with (1 - "Gold") the much rumored (probably not fictitious) gold smuggling operation that occured between Dubai and Indian buyers, (2 - "Oil") the procuring of a drilling contract off the coast of the Iran-Sharjah disputed island of Abu Masa (an agreement Fitz brokers between established [but fictitious?] Hemisphere Petroleum and the [totally fictitious] emirate of Kajmira), and (3 - "Insurgency") his stymying of a sale of ammunition that would have armed the Dhofar rebels (a real communist-backed rebellion I was surprised to learn about, but Fitz's involvement? Probably highly fictitious - and quite unrealistic).
Though the events are interesting in and of themselves, and mark the only three (more like two-and-a-half) bits of action in this book, they're too few and far between. It's almost 200 pages out of 500 until episode 1, and the last two "episodes" come towards the very end. The rest of the book is a lot of talk talk talk, not particularly in-depth plotting or scheming, and ... the love interest. Oh boy. I guess these airport novels in the 70s had to have sex scenes? But it's all so awkwardly delivered, and male-centered, and just, well, pathetic. Laylah, the American-Iranian employee of the American Embassy in Tehran, where she and our "hero" first met, is just this blank canvas of male desire whose only function is to boob boobily, basically. Well, she does offer one important bit of information that drives the whole Oil part of the book.
So, it's not so balanced in terms of action and a driving plot. Conflict only occurs halfway through the book, and then a handful of times after. And the action on the high seas during the gold smuggling is pretty good, to be honest. Everything after is a boring let down, though. There's an entourage of characters that have zero depth, but they are all involved in shaping the Trucial States (what will become the U.A.E.) to fit their money-making interests. Sheikh Rashid and Sheikh Zayed make their own appearances in conversations with Fitz, and they seem like stand-up dudes. But the veiled racism throughout the book, despite Fitz's/the author's occasional mention of some of the Arab leaders being honorable men of integrity, gets tiresome.
If you want to read this to reminisce about time spent in Dubai, in the 80s like myself, it's about 20% worth it for some of the place name name-drops and its semi-historical vibe. If you want to read it as a kind of crime novel that has, I assume, Moore's The French Connection vibes, I doubt it's the same or lives up to that (haven't read it, but given it was adapted to be a successful movie, it must be better than this).