Egypt has proposed a new ceasefire plan aimed at restoring peace in Gaza. The United States and Hamas have both agreed to the proposal, but Israel has yet to provide an official response. According to the proposed deal, Hamas will release five Israeli hostages each week, and after the first week, Israel will proceed with the second phase of the ceasefire. The Egyptian plan outlines a timeline under which all hostages will be freed in exchange for a complete withdrawal of Israeli forces from Gaza. Egypt has also stated that the U.S. will act as a guarantor to ensure the plan’s implementation.