World leaders, including the head of the U.N., will converge on Sharm el-Sheikh Monday when U.S. President Donald Trump and his Egyptian counterpart Abdel-Fattah el-Sissi chair a historic Gaza peace summit.

The gathering comes after a cease-fire and a hostage release deal was reached earlier in the week between Israel and the Palestinian resistance group Hamas under a U.S. peace plan.

The summit in the Red Sea resort town, officially titled the "Sharm el-Sheikh Peace Summit," will bring together "leaders from more than 20 countries," el-Sissi's office said.

It will seek "to end the war in the Gaza Strip, enhance efforts to achieve peace and stability in the Middle East, and usher in a new era of regional security."

The Egyptian Foreign Ministry on Sunday said a "document ending the war in the Gaza Strip" was expected to be signed during the "historic" gathering.