Egypt, one of the mediators in the Gaza ceasefire negotiations, has received positive indications from Israel over a new ceasefire proposal that would include a transitional phase, security sources have told Reuters.

The proposal suggests Hamas release five Israeli hostages each week, sources said.

Asked about the latest proposal, a Palestinian official close to the mediation efforts said: “There are some offers that look better than the previous ones.”

When asked if he expects an announcement on a breakthrough today, he replied: “Maybe not yet”.