Arak, Iran Arak, Iran Arak (, "Arâk"; ), is the capital of Markazi Province, Iran. At the 2011 census, its population was 526,182, in 160,761 families. this city nicknamed as Industrial Capital of Iran. A major industrial city, Arak hosts several industrial factories inside and within a few kilometers outside the city, including the factory of Machine Sazi Arak and the Iranian Aluminium Company. These factories produce nearly half of the needs of the country in steel, petrochemical, and locomotive industries. As an industrial city in a developing country, Arak is subject to the issue of air pollution. The term "Arâk" remains
Privatization in Iran gain momentum once Iranian expatriates begin to invest in their motherland. Iranian nationals residing abroad are holding significant assets. Many have invested their capital in other countries, following the 1979 Islamic Revolution and the 1980–1988 war. Statistics at hand suggest that close to $10 billion (of goods) were re-exported into Iran last year. Multinational companies, particularly Iranian firms mostly owned and controlled by Islamic Revolutionary Guard Corps, are involved in export of goods into the country from Dubai. There are differing estimates of the expatriates' total capital (1.3 trillion dollars), but what is clear is that it is so huge