In a historic move towards peace and security, Israel has approved a ceasefire agreement with Hamas in Gaza. The decision comes after weeks of intense negotiations and escalating tensions in the region, with both sides finally reaching a compromise that promises to bring an end to the violence.

The ceasefire deal, which was approved by the Israeli security cabinet and the UN Security Council, includes provisions for enhanced security measures along the border, as well as the release of hostages held by Hamas. Israeli Prime Minister Benjamin Netanyahu hailed the agreement as a major step towards achieving lasting peace in the region.

"We have made a commitment to our citizens to do everything in our power to ensure their safety and security, and this ceasefire agreement is a crucial step in that direction," Netanyahu said in a statement.

The ceasefire comes after a wave of violence that has left hundreds dead and thousands injured on both sides. The agreement is seen as a positive development in the long-standing conflict between Israel and Hamas, and is expected to pave the way for further peace talks in the future.