This dream seems rich with symbolism and personal significance, reflecting various aspects of your life, emotions, and relationships. Here’s a breakdown of some key elements:

1. Party with Family and Friends: Parties often symbolize social connections and the desire for celebration or recognition. The presence of your mom and your old romantic fling, Fabio, suggests a blending of familial and romantic aspects in your life. It could indicate a longing for connection with both your family and past relationships.
2. Jealousy of Your Mom: Feeling jealous of your mom, especially regarding her appearance, may signify feelings of competition or insecurity about your self-image. It could reflect your admiration for her qualities (like beauty or confidence) and a desire to embody those traits yourself.
3. Preparation and Timing: Spending hours on your makeup only to miss the party highlights themes of effort versus reward. This could indicate frustration in your waking life where you feel you are putting in significant effort but not achieving the desired outcomes. It may also reflect anxieties about how you present yourself to others.
4. Cultural Elements: The presence of friends from diverse backgrounds (Indians and Arabs) and humorous references (like the “Mexican committee” sign) might point to your appreciation for multiculturalism and the blending of different identities in your life. It could also suggest a desire for acceptance within various social circles.
5. Hazy Feeling: The haziness you felt after drinking too much represents confusion or lack of clarity, perhaps about certain aspects of your life or decisions. This could also relate to feelings of regret or missed opportunities.
6. Connection with Fabio: Your communication with Fabio and sharing the humorous shirt suggests an ongoing emotional tie and comfort in reaching out to someone from your past. This might indicate unresolved feelings or simply a fondness for the memories you shared.

Overall, this dream may reflect a mix of your feelings about self-image, relationships, and social dynamics. It could be encouraging you to embrace your identity, understand your emotions, and communicate openly with those who matter to you. Consider how these themes resonate with your current life circumstances and what changes or affirmations you might seek moving forward.