Thousands of Palestinians crowded the streets of Khan Younis in southern Gaza as International Committee of the Red Cross buses carrying the freed prisoners entered the city. Video footage showed armed men escorting the buses through the town, firing guns into the air.

The US president says the ceasefire will hold and the second phase of negotiations for a lasting peace are under way.

The president called on Israel and Arab governments to move beyond decades of conflict and war, but he faces obstacles extending the Gaza deal to the wider region.

Over the next 24 hours, the world has witnessed extraordinary scenes of hostages being released from Gaza and reunited with their families. President Donald Trump also addressed the Israeli Knesset, saying today marks the “historic dawn of a new Middle East” before world leaders convene in Egypt to discuss the subsequent phases of his 20-point plan for a longer-term peace and rehabilitation of Gaza.

A landmark peace agreement designed to end more than two years of intensifying conflict between Israel and Hamas in Gaza was released by President Donald Trump's administration on Monday.

Hamas freed the last living Israeli hostages from Gaza on Monday under a ceasefire deal and Israel sent home busloads of Palestinian detainees, as U.S. President Donald Trump declared the end of the two-year long war that has upended the broader Middle East.

Prime Minister Shehbaz Sharif said Pakistan will nominate President Donald Trump for Nobel Peace Prize, citing his contributions to Middle East and peace.

Phase one of President Donald Trump ’s 20-point Gaza peace plan is nearing an end as Israel and Hamas are preparing to free 20 Israeli hostages in exchange for about 2,000 Palestinian prisoners amid a ceasefire. On the eve ahead of the release, Israelis and Palestinians are celebrating the long-awaited reunion with family members and loved ones.