I believe they are looking at opening more routes to India as well as Kathmandu by the end of this year, and going to aquire a third 757 if I am not mistaken.
RAK airways has also signed a deal with boeing for 4 737-800NGs to be delivered in 2011 and 2012 (2 each year) and with an option of 2 more.
Also as GLFaviator says is interesting with two new airports being built in the area, Ajman international will be at Manama at about 15 NMs final for RWY 34, and the new Umm Al Quwain about 6 NM west of Ras Al Khaimah. not only will it be competition for the airport, but in an already almost full airspace two more international airports is going to make things really interesting... Remember to bring extra fuel for excessive holding
