Overview

• An Israeli government spokesperson said all parties signed the final text in Egypt, with cabinet sessions set today to ratify the first phase.
• If approved, a cease-fire would take effect within 24 hours as the IDF withdraws to the agreed ‘yellow line’, followed by 72 hours for releases.
• The initial exchange envisions roughly 20 living hostages returning in return for about 2,000 Palestinian prisoners, including some serving life terms.
• Qatar, Egypt and Turkey mediated with U.S. involvement, and the UN is preparing a large-scale humanitarian surge once access opens.
• Trump announced the deal and may travel to the region, celebrations broke out despite some continued strikes, and later phases on disarmament and Gaza’s governance remain unsettled.