Pistacia atlantica belongs to the Anacardiaceae family, it has been widely used in the Middle Eastern and Mediterranean areas since ancient times. Pistacia atlantica has been used for different diseases like stomach, pain, peptic ulcer, wounds, renal disorders, and coughs. This study aims to review its ethnobotanical characterization, traditional uses, phytochemistry, and pharmacological activities found in this plant. The data in this review article was based on electronic databases such as Web of Science, Springer, Yahoo search, Science Direct, PubMed, and Google Scholar for papers published from 2016 until March 2021 are considered. The results showed that Pistacia atlantica has many medicinal properties such as antioxidant, antidiabetic, anticancer, anti-inflammatory, and others. Phytochemical has shown the presence of numerous valuable compounds, including volatile compounds, fatty acids, phenolic compounds, and flavonoids. In this regard, the ethnomedicinal, phytochemistry, biological, and pharmacological properties of Pistacia atlantica have been reviewed here.