In the bowl of your stand mixer, dissolve yeast and sugar with the lukewarm water. Let stand for 5-10 minutes until foamy.
Add the oil, salt, and flour to the yeast mixture. Mix with a spatula until a rough ball forms.
Using the dough hook, knead for 10 minutes on low speed until the dough is smooth and elastic.
Sprinkle the olives on top of the dough and knead them into the dough gently and briefly.
Form the dough into a ball and transfer to a lightly oiled bowl. Cover and leave the dough to rise in a warm, draft-free spot for 1- 1.5 hours or until it doubles.
Punch down the dough and turn it out on a floured surface. Knead it briefly and gently again.
Shape the dough into a smooth ball and place it on a parchment or silpat-lined baking sheet.
Cover the loaf loosely with a kitchen towel and let it rise in a draft-free spot for 30-40 minutes or until it doubles in size.
Preheat your oven to 250 C. Make a slash with a sharp knife on the loaf. Put the tray in the oven and lower the heat to 220 C. Bake the loaf for 30-40 minutes or until it is golden brown and sounds hollow when tapped on the bottom.
Transfer to a wire rack and let cool for at least an hour before slicing the bread. Enjoy!