A Red Cross convoy was on its way to pick up a first group of Israeli hostages to be freed by Hamas as part of a Gaza ceasefire deal, the Israeli military said Monday.

US President Donald Trump has departed on a trip to Israel and Egypt, where he will co-host a Gaza peace summit with his Egyptian counterpart Abdel Fattah al-Sisi.

The following are the latest key developments:

The Gaza peace deal hinges on both sides adhering to an agreement to exchange hostages seized from Israel in Hamas's October 7, 2023 attack for Palestinians held in Israeli jails.

The initial stage of the ceasefire deal includes the release of 47 Israeli living and dead hostages taken on October 7, 2023 in exchange for 250 prisoners and 1,700 Gazans held by Israel since the war broke out.

Hamas is also expected to hand over the remains of a soldier killed in 2014 during a previous Gaza war.

Hamas's armed wing on Monday confirmed that it was preparing to release the living hostages and published a list of 20 names and shortly afterwards, Israel's military said the Red Cross was on its way to pick up the first Gaza........

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