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The Spice Bazaar i also known as Egyptian Bazaar because it was built with the revenues from the Ottoman eyalet of Egypt in 1660. The word mısır has a double meaning in Turkish: Egypt and maize. This is why sometimes the name is wrongly translated as Corn Bazaar. The bazaar was and still is the center for spice trade in Istanbul, but in the last years more and more shops of other type are replacing the spice shops.