The olive tree Olea europaea have beneficial properties. Mainly used parts of the olive tree are fruits and seeds. Seeds oil of olive is used as a major component of the “diet.” Chief active components of olive oil include oleic acid, a monounsaturated fatty acid, polyphenolics and squalene. These main phenolic components are hydroxytyrosol, tyrosol, and oleuropein, which occur in highest amounts in virgin olive oil and have antioxidant properties. Olive oil has shown activity in against cancer, mainly in colon and breast cancer prevention, while individual component of olive oil, oleic acid and squalene has also been identified as anticancer agent. The olive oil has effects on coronary heart disease, due to its ability to reduce blood pressure and low-density lipoprotein level. Some components (such as hydroxytyrosol, tyrosol, and oleuropein) of olive oil exhibited antimicrobial activity against pathogenic microorganism in intestinal and respiratory infections. The oleic acid, polyphenolics, squqlenes are dependable for a number of biological activities as well as whole olive plant also gives health benefits.