Israel and Hamas have reached a ceasefire agreement, which includes the release of hostages, according to sources involved in the negotiations. The deal, under discussion since mid-2024, is set to take effect on Sunday, 19 January, marking a significant development after months of stalled talks.

The initial 42-day ceasefire phase includes releasing 33 Israeli hostages in exchange for 1,000 Palestinian prisoners, prioritising women and children. Qatari Prime Minister Mohammed bin Abdulrahman Al Thani confirmed that details of later phases, addressing remaining hostages and deceased remains, will follow. An Israeli official stated that forces would remain in Gaza until all hostages are accounted for.

The conflict, which began following Hamas’s October 7, 2023, attack, has devastated Gaza, leaving much of the territory in ruins and its population in a severe humanitarian crisis. Over 2.4 million residents, most displaced from their homes, have endured relentless bombardment. This ceasefire marks a critical step in addressing the humanitarian catastrophe, but unresolved issues remain, including Gaza’s governance, reconstruction, and security guarantees for Israel.

The agreement is still subject to approval by Israel’s government. Israeli Prime Minister Benjamin Netanyahu’s office acknowledged unresolved aspects, expressing hope for their resolution. A key point of contention has been the control of the Philadelphi Corridor along Gaza’s border with Egypt, which delayed the agreement's finalisation.

While the ceasefire offers hope, Gaza’s recovery and the path to lasting peace face numerous challenges. The international community's role will be vital in ensuring the agreement's success and supporting the reconstruction of the devastated region.