Israeli Prime Minister Benjamin Netanyahu's office announced a cease-fire in Gaza late on Thursday, following reports to that effect in Israeli media.

One official was quoted as calling the truce "quiet in exchange for quiet"

A Hamas official confirmed the reports to Reuters news agency, saying that a "mutual and simultaneous" cease-fire would start at 2 a.m. local time on Friday (2300 GMT Thursday).

Hamas called the cease-fire "a victory for the Palestinian people."

A statement by Netanyahu's office said the Security Cabinet unilaterally approved the
Egyptian-mediated proposal. However, the statement added that the two sides were still negotiating when the cease-fire would begin.

"The political leaders emphasized that the reality on the ground will be that which determines the future of the campaign,'' the statement said.

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