Egyptian officials had worked to bring the sides to an agreement after the flare-up of fighting that saw Israeli aircraft pound targets in Gaza and militants fire hundreds of rockets that reached deep into Israel.
Ceasefire between Palestine and Israel takes effect in Gaza stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
Israeli aircraft have pummeled Gaza since Friday, while the Iran-backed Palestinian Jihad militant group has fired hundreds of rockets at Israel in response.