However, experts warn that major sticking points remain, and an inability to resolve them risks upending the agreement.

Hostage-prisoner exchange ‘highly likely’

Iqtait said both Hamas and Israel are likely to go through the hostage-prisoner exchange due to the “immense pressure” on both sides.

Hamas was also likely to feel pressure from neighbouring Arab states such as Egypt, Jordan, Qatar — as well as Muslim majority countries such as Türkiye, Pakistan and Indonesia — coming out “very forcefully” in support of the plan, he added.

However, Iqtait and other experts were far less confident about other aspects of the peace plan.

The governance of Gaza

However, it has not commented on the plan for the committee to be supervised by an international body and has said it should be “included and will contribute” to any Palestinian national discussion on Gaza’s future.

While the plan calls for Gaza to be considered as an independent political entity, “Gaza is part of the wider Palestinian context,” Iqtait said.

Disarmament ‘a major sticking point’

“[Disarmament] will have to be resolved fairly soon, or else we could be headed back to a full-scale war again, and particularly as soon as the hostages have got out,” Parmeter said.

A senior Hamas official told Al Jazeera that the group would not disarm before Israel’s occupation of the enclave ends.

‘Cautiously hopeful’

The Israeli military said it was operating in Gaza City and urged residents not to return.