Hamas has begun gathering the hostages in safe locations in the Gaza Strip ahead of their slated release, Saudi state-run Al Arabiya reported on Thursday morning.
This comes after US President Donald Trump announced early on Thursday that Israel and Hamas had agreed to the first phase of a ceasefire deal in Gaza.
The plan is set to be in effect from noon in Israel.
The Israeli cabinet is scheduled to meet at 5 pm today to approve the deal, followed by a government meeting an hour later.
In the immediate wake of the announcement of the deal, the IDF began preparing to shift its deployment lines in the Palestinian enclave.
Once the government vote passes, Israel will be required to withdraw its forces within 24 hours to a designated line agreed upon with Hamas.
Hostages released in 72 hours
The redeployment is expected to leave the Israel Defense Forces in control of roughly 53 percent of the Gaza Strip.
Following cabinet approval, a 72-hour countdown will begin.
By the end of that window, Hamas must release all hostages “in one fell swoop and without public ceremonies,” according to the terms of the agreement.
Israeli officials estimate that 20 hostages in Gaza are alive, while another 28 are believed dead. Hamas has reportedly claimed uncertainty about the whereabouts of nine of the deceased.