Since the cease-fire was declared, three rockets have been launched from Gaza into Israel, the IDF said Thursday. Two of the three landed in open areas, and Israel's defense system intercepted the third.

Israeli officials' earlier assertions citing five to 12 missiles were incorrect, the IDF said.

A senior Obama administration official said Morsy had been "very constructive" and "very pragmatic" in his dealings with his U.S. counterpart. He and Obama developed a "relationship of trust and were able to work through some of these issues," the official said.

The cease-fire calls for Israel to halt all acts of aggression on Gaza, including incursions and the targeting of people, according to Egypt's state news agency. It also calls for the Palestinian factions to cease all hostilities from Gaza against Israel, including the firing of rockets and border attacks. Gazans could see an easing of border restrictions.

Regev said the agreement calls for "complete and total cessation of all hostile activity initiated in the Gaza Strip."

"For us, that's victory. That's what we wanted," he said.

The fighting was ignited by the November 14 assassination by Israel of Ahmed al-Jaabari, the head of Hamas' military wing. Israel said its intent was to end rocket attacks on southern Israel from inside Gaza by degrading Palestinian capabilities.

How Middle East has changed since last Gaza conflict

On Friday, Gaza was quiet again. But no one, on either side of the border, was beating their swords into ploughshares.