In a bowl, mix warm water and sugar; add yeast and let it sit until frothy, about 10 minutes.

In a large mixing bowl, combine flour and salt.

Add the yeast mixture and olive oil to the flour; mix until a dough forms.

Knead the dough for about 10 minutes until smooth and elastic.

Place the dough in a greased bowl, cover with a damp cloth, and let it rise in a warm place for about 1 hour or until doubled in size.

Preheat the oven to 375°F (190°C).

Punch down the dough and divide it into 2 equal portions.

Shape each portion into a round loaf and place on a baking sheet.

Let it rise again for 30 minutes.

Bake in the preheated oven for 25-30 minutes or until golden brown.

Cool on a wire rack before serving.