Israel and Gaza militant groups agreed a ceasefire on Saturday, a Palestinian official said, after more than 100 rockets were fired across the border by Hamas militants and Israel launched dozens of air strikes in response.
Hamas spokesman Fawzi Barhoum told Reuters: "Efforts by many parties have continued since the beginning of the escalation and the Israeli bombardment on Gaza. They were crowned by the success of the Egyptian effort to restore calm and end the escalation."
The Palestinian Islamic Jihad militant group said in a separate statement that a truce had been reached.
A senior Israeli defence official said: "Only the facts on the ground will dictate our further response."