Efforts to secure a ceasefire in Gaza and facilitate the release of hostages between Israel and Hamas are reportedly nearing completion, with a senior Palestinian official indicating to the BBC that the talks are 90% complete.

However, significant hurdles persist, particularly regarding the Israeli military's presence in the Philadelphi Corridor, a vital strip of land along Gaza's southern border with Egypt.

The discussions, taking place in Doha, involve the possible establishment of a buffer zone several kilometres wide along Israel's border with Gaza, in which Israel would maintain a military presence.

The resolution of these issues could pave the way for a comprehensive, three-stage ceasefire agreement within days.

The proposed deal encompasses a series of staged exchanges, including the release of 20 Palestinian prisoners for each female soldier freed in the initial phase.

The list of Palestinian prisoners, drawn from approximately 400 individuals serving 25-year sentences or longer in Israel, does not currently include senior Fatah leader Marwan Barghouti, whose release is expected to be opposed by Israel.

The Israeli hostages, currently estimated at 62 living individuals out of 96 taken, would be released gradually.

Some hostages' locations remain unknown to Hamas, complicating the release process.

Negotiations also point to a systematic return of Gazan civilians to the north, with oversight from Egypt and Qatar.

Additionally, around 500 aid trucks per day would be permitted into Gaza.

In the ceasefire's final phase, Gaza would come under the administration of a committee of technocrats from the area, devoid of prior political links but supported by all Palestinian factions, marking the end of the 14-month conflict.

The renewed mediation from the United States, Qatar, and Egypt, with an apparent readiness from both parties to finalize an agreement, suggests significant diplomatic momentum.

A previous negotiation attempt in mid-October faltered, with Hamas dismissing a proposal for a short-term ceasefire.

Hamas, alongside Palestinian Islamic Jihad (PIJ) and the Popular Front for the Liberation of Palestine (PFLP), indicated a ceasefire is within reach, contingent on Israel halting the imposition of new conditions.

A recent statement from the factions, following a meeting in Cairo, underscored this assertion.

The conflict traces back to an unprecedented cross-border attack led by Hamas on October 7, 2023, resulting in approximately 1,200 fatalities and the abduction of 251 individuals.

Over 100 hostages have since been liberated through negotiation and military measures.

As the world watches, the hope remains that these pivotal discussions will soon yield a lasting peace and humanitarian relief for those entangled in this enduring conflict.