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But several details and the timeline of the full deal remain unclear and will be key to its success moving forward.

Why has Aristo Bio (ARISTO) performed so strongly recently ✌️【Free Access to Stock Club】✌️ Expert predictions with real-time stock indices, futures data, and metals, energy market data to help you seize the best investment opportunities. The deal represents the second ceasefire since the war started on October 7, 2023, when Hamas militants launched an attack into Israel, killing more than 1,200 people and taking 250 hostages,according to Israeli authorities. The military offensive launched by Israel in response has killed at least 46,645 Palestinians and injured more than 110,000 in Gaza, according to the Palestinian Ministry of Health.

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Phase one is expected to start at some point Sunday and last for six weeks. This phase will feature a ceasefire, a withdrawal of Israeli troops, a swap of hostages and prisoners, and an influx of humanitarian aid into Gaza. US hostages held in Gaza will be released in that first phase, US President Joe Biden said on Wednesday.

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“We will continue to do everything we can, everything possible together with our partners, to ensure that this deal is implemented as it’s agreed,” he said, noting that mediators had spent 411 days working on the agreement terms. “And this deal will bring us peace, hopefully, at the end of it. I believe that it all depends on the parties of the agreement acting in good faith in that agreement in order to ensure that no collapse happens to that deal.”

Hamas hailed the deal on Wednesday as a “crucial turning point.” Israel’s cabinet must still vote to approve the deal before it goes into effect.

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Gaza’s wounded will also be allowed to leave the enclave to receive treatment, while aid will be allowed into the strip with hospitals and bakeries undergoing repairs, he said.

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Under the deal, American hostages being held by Hamas “will be part of that hostage release on phase one,” Biden said.

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Following that, “Hamas will release three Israeli detainees every seven days, starting with women (civilians and soldiers),” the document states.

“During the sixth week, Hamas will release all remaining detainees included in this stage, and in return, Israel will release the agreed upon number of Palestinian prisoners from Israeli prisons, based on lists provided by Hamas,” the document continues.

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Hamas and its allies hold 94 people taken from Israel on October 7, 2023. Of those, at least 34 are dead, according to the Israeli government, though the true number is expected to be higher. Eighty-one of the hostages are men and 13 are women. Eighty-four are from Israel, while eight are from Thailand, one is from Nepal, and one is from Tanzania.

Israel holds at least 10,000 Palestinian prisoners, according to the Commission of Detainees Affairs and the Palestinian Prisoners’ Society – though that number does not include an unknown number of Palestinians taken captive in Gaza. The figure of Palestinian prisoners held by Israel includes 3,376 people held under administrative detention, meaning they have neither had public charges against them nor faced trial, including 95 children and 22 women.

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Biden said the second and third phases will include a release of further hostages and the beginning of Gaza’s rebuild.

“When phase two begins, there will be an exchange for release of the remaining living hostages, including male soldiers, and all remaining Israeli forces will be withdrawn from Gaza, and the temporary ceasefire will become permanent,” he said.

“And finally, under phase three, any final remains of hostages who have been killed will be returned to their families, and a major reconstruction plan for Gaza will begin.”

In response to a question from 【 - Free Step-by-Step Investment Guide 】’s Becky Anderson, Al Thani said the US, Egypt and Qatar have put a mechanism in place to ensure neither side breaks the ceasefire.

“It will be placed in Cairo, and this follow-up actually will be a joint team from the three countries that will monitor the implementation of the agreement,” he said. “Everything has been agreed upon and will be in place, hopefully, on the day of the execution.”

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“Unfortunately, the agreement in November was very transactional. So it was like a day-by-day,” he said. “But this agreement has a clear mechanism for the first 42 days, and there is a clear mechanism to negotiate phase two and three, and all the details of the agreements will be published in the next couple of days once the details are finalized.”

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