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Dissolve the yeast in the warm water.
Combine beaten egg, olive oil, sugar, rosemary and olives and add the yeast/water mixture.
Add flour and knead for 5 minutes.
Let the dough rest for 15 minutes.
Add salt and knead for another 5 minutes.
Place dough in bowl greased with olive oil. Cover. Let rise for one hour in a warm spot (90F).
Remove the dough. Knead it a bit. Form it into a ball and place on parchment paper.
Loosely cover with a towel and place it in a warm spot (90F) for 30 min.
Pre-heat the oven for one hour at 400F.
Slash the top of the loaf before baking. Bake for 45 minutes or so on a pizza stone or in a cloche until the loaf registers 180F in the center.
Remove from the oven and allow to cool for two hours or so before eating.