Israel will send a senior official on its behalf to Cairo to sign a ceasefire, Hizbullah-affiliated channel Al-Mayadeen reported Saturday. According to Palestinian sources, the ceasefire will start Saturday at midnight.
Egypt's President Mohamed Morsi said on Saturday his government was in touch with both Israelis and Palestinians and there were indications they could "soon" reach a truce, but there were no guarantees.
"There are some indications that there could be a ceasefire soon," Morsi said at a joint news conference with Turkish Prime Minister Recep Tayyip Erdogan, adding that there were still "no guarantees."
He said his country's government was in "vigorous" communication with both the Palestinians and Israel.
A senior Hamas official had earlier told AFP his movement was reluctant to agree a truce because it doubted the terms of the ceasefire could be guaranteed. Hamas' terms were announced by the organization on television, and had no mention of the rocket-fire on Israli civilians that led Israel to the Pillar of Defense Operation.