The Spice Bazaar is located in Eminönü, behind the New Mosque (Yeni Camii) and next to the Flower Market. It is one of the oldest covered bazaars in Istanbul. In this marketplace, which is famous for its herbalists, there are total of 85 shops selling spices, Turkish delights and other sweets, jewelry, souvenirs, and dried fruits and nuts.
The bazaar, formerly called the New Bazaar or the Vâlide Bazaar, was endowed to the foundation of the New Mosque. The building, got its name “Egyptian Bazaar” (Turkish: Mısır Çarşısı) because it was built with the taxes collected from Egypt state of the Ottoman Empire in 1660. The L-shaped structure next to the New Mosque has six gates. One of them is called the Haseki Gate. The upper part of the two-storey gate is the court where the problems between the tradesman and the public being settled. However, the place is not functioning as a court today.
The Spice Bazaar is open seven days a week for shoppers and visitors.