Palestinian Islamic Jihad (PIJ) militants announced that the ceasefire will begin at 23:30 local time (20:30 GMT) following Egyptian-mediated talks.
Earlier, Gazan rockets entered Jerusalem for the first time since May of last year.
The Israeli military stated that it launched its assault on Gaza Strip locations in response to a militant group’s threats. After Israel detained a top PIJ member in the occupied West Bank, days of unrest ensued.
Hamas, the Islamist party that administers the Gaza Strip and frequently interacts with the Palestinian Islamic Jihad, has thus far abstained from participating in attacks against Israel. In recent days, Israel claims the PIJ has fired hundreds of missiles, most of which have been intercepted. There have been no recorded injuries in Israel.
Large crowds gathered on Sunday for the funerals of those murdered in Rafah, in the south of the territory, during Israeli airstrikes, including senior PIJ commander Khaled Mansour – the second prominent militant to be killed. In the West Bank city of Nablus, demonstrations in favor of Gaza have also occurred.
Concerns over the humanitarian situation in Gaza accompany reports of a probable ceasefire agreement, as health experts have warned that hospitals have only enough fuel to power generators for the next two days.
As part of an ongoing series of detention operations following a wave of attacks by Israeli Arabs and Palestinians that killed 17 Israelis and two Ukrainians, he was detained in the Jenin region. Two of the attackers were from the area of Jenin.
Israel and PIJ engaged in a five-day confrontation in November 2019 after Israel killed a PIJ commander who, according to Israel, was organizing an imminent attack. 34 Palestinians were killed and 111 were injured as a result of the violence, while 63 Israelis required medical attention.