“It’s a great day for Israel”, Israeli Prime Minister Benjamin Netanyahu said in a statement, writes BBC.

He thanked Israeli troops and US President Donald Trump and his team "for their mobilization for this sacred mission of releasing our hostages" - referring to the Israelis currently held by Hamas in Gaza. “With God’s help we will bring them all home”, he added.

The US president wrote in a statement on Truth Social last night that: “This is a GREAT Day for the Arab and Muslim World, Israel, all surrounding Nations, and the United States of America, and we thank the mediators from Qatar, Egypt, and Turkey, who worked with us to make this Historic and Unprecedented Event happen. BLESSED ARE THE PEACEMAKERS!”

He later told Fox News that Gaza “will be rebuilt” after phase one of the deal is implemented - adding that it will “be a much safer place” afterwards.

According to the BBC’s US news partner CBS, Hamas said the agreement will “end the war on Gaza, ensure the complete withdrawal of the occupation forces, allow the entry of humanitarian aid, and implement a prisoner exchange”.

The people of Gaza “have demonstrated unmatched courage, honour, and heroism. We will never abandon our people’s national rights until freedom, independence, and self-determination are achieved”, it said