Summary of events

• Israelis and Palestinians celebrated after the announcement of a ceasefire and a hostage swap deal, part of the first phase of Trump's initiative to end the war in Gaza.
• The two sides publicly confirmed the agreement, which was expected to be signed in the Egyptian resort of Sharm el-Sheikh. A senior Hamas official told Reuters that the document had already been signed, but Israel did not confirm this. Netanyahu's office said the ceasefire would only take effect after it was ratified by the Israeli government, which is set to meet in the afternoon.
• Gaza residents reported airstrikes in Gaza City as the deal was expected to be signed.
• The deal calls for a halt to fighting, Israel to withdraw some of its forces from Gaza and Hamas to release hostages it is holding in exchange for the release of Palestinian prisoners by Israel.
• A source familiar with the details said Israeli troops would begin withdrawing within 24 hours of the deal being signed.
• The release of the 20 Israeli hostages believed to be alive in Gaza is expected on Sunday or Monday, according to an Israeli official. Another 26 have been declared dead in absentia, while the fate of two remains unknown. Hamas has said it will take time to collect the bodies scattered in various areas.
• In Gaza, where more than two million people have been displaced by the bombing, young people took to the devastated streets to applaud, even as airstrikes continued.
• The agreement came a day after the second anniversary of the Hamas attack on Israel that sparked the war and is the first phase of a 20-point framework presented by Trump.
• The agreement was welcomed by both Arab and Western countries and was presented as a major diplomatic achievement for the US president, who described it as a first step towards reconciliation in the Middle East.
• All sides will be treated fairly!"It is a GREAT day for the Arab and Muslim World, for Israel, for all surrounding Nations, and for 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," Trump wrote on social media. BLESSED ARE THE PEACEMAKERS!
• At the same time, Western and Arab countries were meeting in Paris to discuss an international peacekeeping force and a plan for rebuilding Gaza after the end of hostilities.
• Turkish President Erdogan said his country would help monitor the implementation of the ceasefire.
• The agreement leaves open crucial issues, such as who will govern Gaza after the war and what the future of Hamas will be, which has so far refused to lay down its arms.
• Netanyahu called the agreement a diplomatic success and a national and moral victory for the state of Israel. Foreign Minister Gideon Saar stressed that Israel has an interest in expanding the circle of peace and normalization in the Middle East. In contrast, members of the far-right wing of the governing coalition opposed the agreement. The next phase of the Trump plan envisages the creation of an international body under Trump's leadership, with the participation of former British Prime Minister Tony Blair, which would take on a role in the administration of post-war Gaza.