LIVEBLOG: Romi, Doron, and Emily have returned to Israel

5:56 p.m.: IDF Spokesperson Daniel Hagari stated, "Our hearts are with the hostages in Gaza, who are being held under unbearable conditions. From now on, between three to four hostages will be released each week. There are many hostages still alive, though I will not provide specific numbers. We have sent Hamas the agreed-upon list and expect them to comply. Violations of the agreement will not be permitted. Hamas's cynical and cruel images illustrate exactly whom and what we are fighting against."

5:46 p.m.: The Prime Minister's Office stated, "The Israeli government embraces the three returnees. Their families have been informed by the relevant authorities that they have reunited with our forces. The government is committed to securing the return of all hostages and missing persons. Together with all security agencies, the government will support them and their families."

5:43 p.m.: Celebrations erupted in the Hostage Square as the captives were transferred into IDF custody.

5:38 p.m.: Romi Gonen, Doron Steinbrecher, and Emily Damari are now in IDF hands. They are being escorted back to Israel, where they will undergo an initial medical evaluation.

5:28 p.m.: Hundreds at Tel Aviv's Hostages Square await news of the hostages' release.

5:15 p.m.: Joint IDF and Shin Bet statement: The Red Cross has confirmed receiving the three Israeli hostages and they are now en route to meet IDF and Shin Bet forces inside Gaza. (Lilach Shoval)

Video: The hostages being handed over to the Red Cross in central Gaza

5:09 p.m.: Official: The three hostages were handed over to the Red Cross in central Gaza.

4:51 p.m.: Hamas terrorists and Gazan mob gathered at hostages' transfer point.

4:37 p.m.: Israel clarifies the hostages have not yet been transferred to the Red Cross.

4:07 p.m.: Al-Arabiya: Hostages transferred to Red Cross care.

3:10 p.m.: Saudi channel Al-Hadath reports that the process of transferring the hostages to the Red Cross in the Gaza Strip has begun. (Shachar Kleiman)

12:30 p.m.: Doron Steinbrecher and Emily Damari have been identified as the remaining two hostages to be released today.

11:20 a.m.: Romi Gonen is named as one of three hostages to be released.

11:05 a.m.: The Prime Minister's Office announced that the ceasefire will take effect at 11:15 a.m.

10:37 a.m.: Israel has officially received the names of three female hostages to be released today. (Shirit Avitan Cohen)

10:16 a.m.: Egyptian source to Al-Araby Al-Jadeed: "We have transferred to Israel the names of female hostages to be released this afternoon." (Shachar Kleiman)

9:55 a.m.: Senior Hamas official told AFP that the terror group "Will transfer the names of the female hostages any moment." (Shachar Kleiman)

9:40 a.m.: Breaking: Israeli Air Force fighter jets are currently striking terror targets in the Gaza Strip, more details to follow. (Lilach Shoval)

9:08 a.m.: Military officials report that artillery and airstrikes have hit multiple targets across northern and central Gaza in the past hour.

9:04 a.m.: IDF: The sirens in Sderot were false alarms. (Lilach Shoval)

9:00 a.m.: Sirens sounding in Sderot.

8:40 a.m.: The Prime Minister's Office told the families of the hostages that "As of now, Hamas has not transferred the names of female hostages scheduled for release today. The State of Israel is working with mediators and through additional channels to ensure the agreement is implemented. The PM has instructed the IDF that the ceasefire scheduled for 8:30 will not begin until we have the list of hostages Hamas committed to release." (Lilach Shoval)

8:34 a.m.: IDF Spokesperson in a statement: Ceasefire is not taking effect, we continue to strike in Gaza.

7:58 a.m.: Cleared for publication: In a special covert operation by the IDF and Shin Bet, the body of fallen soldier Staff Sgt. Oron Shaul, killed in battle in Shujaiyya on July 20, 2014, during Operation Protective Edge and whose body was taken by Hamas, has been recovered. (Lilach Shoval)

7:40 a.m.: Hamas claims: "The delay in providing the names of the female hostages is due to technical reasons on the ground."

7:29 a.m: Prime Minister Benjamine Netanyahu: The ceasefire will not begin until Israel has the list of those to be released.

6:21 a.m.: Report from Yemen: US conducted four airstrikes in the Al-Azraqayn area north of the Houthi-controlled capital Sanaa. (Shachar Kleiman)

4:20 a.m.: According to pro-Hamas Arab media reports, IDF forces have begun withdrawing from areas in Rafah to a corridor along the Egyptian border. (Reuters)