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Israeli Prime Minister Benjamin Netanyahu hailed President Donald Trump during a gathering of Israel's parliament for helping to broker the cease-fire deal.
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Israel and Hamas are exchanging hostages and prisoners as part of phase one of Donald Trump's peace plan for Gaza.
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A ceasefire deal should see Hamas hand over all 48 remaining Israeli and foreign hostages, 20 of whom are believed to be alive.
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Trump arrived in Tel Aviv earlier Monday to mark the release of Israeli hostages by Hamas after more than two years in captivity.
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Hamas is expected to free all 20 of the living Israeli hostages on Monday. In turn, Israel will be releasing nearly 2,000 Palestinian prisoners and detainees as part of the ceasefire agreement.
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Hostages in Gaza are set to be swapped for Palestinian prisoners in Israel. The releases are expected to begin early on Monday morning.
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President Trump is expected to arrive in Israel on Sunday night as both sides prepare for the release of Israeli hostages and nearly 2,000 Palestinian detainees and prisoners.
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