Sakhr Software, a company known for it's expertise in English to Arabic (and vice-versa) speech translation is all set to release an iPhone app!
This upcoming application, developed by Sakhr Mobile and Dial Directions (a company acquired by Sakhr Mobile sometime back) offers really freaky neat speech translation from English to Arabic (and vice-versa), unlike many services which are a total mess even for the text translation - Google do you hear that? It scans the Arabic words and then simply translates them. Small phrases like "The prime minister will form a new government" (holy crap) can be pretty easily translated.
The app obviously has great use for the government but it can help the end consumer to a real great extent as well! In fact, Sakhr has already been providing this service to U.S. Department of Defense, U.S. Department of Homeland Security and the U.S. Department of Justice so we have no reason to doubt their experience of the market.
Thanks JazJon for the tip!