The six-page agreement provides for a cessation of all combat operations by the parties to the conflict for at least five days and the release of 50 or more hostages, the report said, adding that the release of the hostages could begin in the coming days.
The pause will be monitored from the air, the newspaper reported.
The outline of the agreement was drawn up during weeks of negotiations in Doha between Israel, the US and Hamas, indirectly represented by Qatari mediators, the report read, citing Arab and other diplomats. It is still unclear, however, whether Israel will agree to temporarily suspend the offensive in the Gaza Strip, provided the conditions are right, the newspaper said.
On October 7, the Palestinian resistance movement Hamas launched a surprise large-scale rocket attack on Israel from the Gaza Strip, breaching the border and killing and taking captives in nearby Israeli military sites and communities. The movement said its operation, Al-Aqsa Flood, was in response to Israeli provocations and occupation of Palestinian territories.
Israel launched retaliatory strikes and ordered a complete blockade of the Gaza Strip, home to more than 2 million people, cutting off supplies of water, food and fuel. On October 27, Israel launched a large-scale ground incursion into Gaza, ostensibly to eliminate Hamas fighters and rescue hostages.
The escalation of the conflict has resulted in the deaths of some 1,400 people in Israel and more than 12,300, including at least 5,000 children, in Gaza.