The Islamic Jihad terrorist organization has agreed to a ceasefire with Israel, multiple Arab media outlets reported Sunday evening.

The ceasefire is set to go into effect at 11:30 p.m., according to the reports.

The Lebanon-based Al-Mayadeen televisions channel cited two sources who said that Islamic Jihad has accepted an Egyptian proposal for a ceasefire with Israel.

Muhammad al-Hindi, the chief of Islamic Jihad’s political department, said that the organization had agreed to the “formula” put forth by Egypt.... Read More: Arutz-7