Hamas says there will be no fighting between Israel and them for four days starting at 10am on Thursday.
Israel has not said when the break will start, but Foreign Minister Eli Cohen thinks the first hostages will arrive on Thursday.
According to the agreement, Hamas will let go of 50 Israeli hostages and Israel will release 150 Palestinian women and teenagers from jail.
Families of people held in Gaza say that every person who is captive needs to come home, and that every hour is very important.
An additional 150 Palestinians and 50 hostages from Gaza could be set free after the first four-day break.
Israel said that its military operation in Gaza is still going on, even before the break begins.
The Israeli government says the war isn’t over yet. They promise to finish off Hamas completely.
Israel started fighting against Gaza after fighters from Hamas came across the border on 7 October. They killed 1,200 people and captured around 240 others.
The health ministry in Gaza, which is controlled by Hamas, says that over 14,000 people, including more than 5,000 children, have been killed in Israel’s campaign.
More update on this story soon…