Dreams can often reflect our emotions, relationships, and subconscious thoughts. Let's break down the elements of your dream to gain insight:

1. Friend and the Man: Your friend being with a man and the interactions you had could symbolize feelings of competition, support, or perhaps a desire for connection. Cheering her on suggests that you wish to see her succeed, but his actions (hanging up when you were on the phone) may indicate feelings of exclusion or insecurity in the friendship.
2. The Leather Bag: The act of making a leather bag can represent creativity, craftsmanship, or personal growth. It might suggest that you are supportive of your friend’s endeavors and that you value the idea of creating something meaningful.
3. The Bees: Bees often symbolize community, hard work, and productivity. However, the bees' behavior in your dream—being miserable and trying to sting—could represent feelings of being trapped or overwhelmed. This part of the dream may reflect anxiety or pressure in your life, perhaps relating to your social circle or feelings of inadequacy.
4. Being Covered in Bees: Waking up with the sensation of being covered in bees could indicate that you feel overwhelmed by these emotions or situations in your waking life. It may symbolize a fear of being consumed by other people's problems or feeling powerless in certain circumstances.

Overall, this dream may be urging you to reflect on your feelings about your friendships, the support you give and receive, and any anxieties that you might be experiencing. It might be beneficial to communicate openly with your friends about your feelings or to find ways to manage any stressors in your life.